Telcos jostle for position

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Telcos jostle for position

by Reuters Videos 1:41 mins

Telcos jostle for position

by Reuters Videos 1:41 mins

Europe's telecoms sector is scrambling for consolidation. Spain's Telefonica has offered 6.7 billion euros to France's Vivendi for its Brazilian internet provider GVT as it tries to increase its presence in Latin America. But Deutsche Telekom is unimpressed by French group Iliad's bid for its U.S. mobile unit. Joanna Partridge reports.

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