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UPDATE 1-Shareholders block Telefonica Chile unit buy-out

SANTIAGO, Oct 7 (Reuters) - Shareholders of Telefonica Chile on Tuesday blocked a bid by parent Spain's Telefonica SA to gain sole control of the Chilean telephone company.

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Shareholders block Spain Telefonica Chile unit buy-out

SANTIAGO, Oct 7 (Reuters) - Shareholders of Telefonica Chile blocked a bid by parent Spain's Telefonica SA on Tuesday to buy up minority shares of its affiliate and gain sole control.

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Telefonica buy-out offer for Chile unit faltering

SANTIAGO, Oct 1 (Reuters) - Some of Chile's private pension funds have turned up their noses at a public offer by Spain's Telefonica SA to buy up minority shares of its affiliate, Telefonica Chile , analysts say.

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Vodafone wants financial damages from Telefonica

MADRID (Reuters) - Vodafone Group is claiming 670 million euros (530 million pounds) in damages from Telefonica SA for alleged abuse of its dominant position in Spain's mobile telephony market, the British group said on Monday.

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Mexico Allows Sales With Cell Phone

Want some Taco McNuggets and a cab ride but don’t have the cash? If you live in Mexico, you will soon be able to pay with your cell phone. Users link to their bank, then send the text message “Robert Rodriguez” to take care of the tab. Telefonica SA and Iusacell are getting together with banks to begin the service. While the practice of buying train tickets or items from vending machines with a cellie...

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Mexicans to pay for taxis and restaurants via mobile texting

Mexicans will quite soon be able to pay for small bills via their mobile phone according to the countries bank. Telephone operators Telefonica SA and Lusacell has struck up a deal with Mexico’s largest banks including BBVA and Citigroup to launch the new service which will be targeted towards technology aware teenagers over the next few [...]

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Mobile phones to replace hard cash in Mexico for small payements (Mexico)

Tech savvy teenagers of Mexicans will soon be able to use their mobile phones for making small payements such as restaurant meals and taxi rides. Mobile operators like Telefonica SA and Iusacell are teaming up with banks such as Citigroup and BBVA to instigate the service, targeting technology savvy teenagers and anticipated to introduce the [...]

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Macsimum News: O2’s exclusive iPhone deal may be under threat

Posted by Dennis Sellers A Telefonica SA unit’s exclusive deal to supply iPhone in Britain is under threat as rivals are seeking to compete for a contract with Apple, reports The Guardian .

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Telefonica net drops 20% but tops estimates

MADRID (MarketWatch) -- Telefonica SA (TEF) Thursday said net profit fell 20% in the second quarter, after 2007 net profit was boosted by asset sales. Madrid-based Telefonica, Spain's largest telecommunications company, said net profit for the six-month period ending June 30 fell to EUR2.06 billion, from EUR2.57 billion a year earlier, beating analysts' expectations for net profit of EUR1.74 million....

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Ericsson May Say Profit Fell on Job Cuts, Less Demand (Update1) - Bloomberg

Ericsson May Say Profit Fell on Job Cuts, Less Demand (Update1) Bloomberg - 2 hours ago Ericsson forecast in February that demand for wireless and fixed-line telephone networks used by Telecom Italia SpA, Telefonica SA and other customers will ...

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Zacks Analyst Blog Highlights: NuStar Energy, L.P., Telefonica S.A., Kinder Morgan Energy Partners, L.P., Highwoods Properties and Semiconductor Manufacturing International Corp.

CHICAGO--(BUSINESS WIRE)--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting

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Telefonica Opens Madrid Flagship Store To Boost iPhone Sales

Telefonica Opens Madrid Flagship Store To Boost iPhone Sales CNNMoney.com - 3 hours ago MADRID - ( Dow Jones ) - Telefonica SA ( TEF ) is putting the finishing touches on a 3,000 meter flagship store in downtown Madrid as the company looks to capitalize on its exclusive launch in ...

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Telefonica Gets 300,000 Pre-orders For 3G iPhone

Telefonica SA has received 300,000 pre registrations in the U.K. and Spain to buy Apple Inc.'s new third- generation iPhone, a company spokesman said Wednesday. [ Techmeme via CNN ]

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300,000 iPhone 3G Pre Registrations at Telefonica

Looks like Europeans (including me) have really been waiting for the iPhone 3G. Telefonica SA said that they already received 300,000 pre registrations for the iPhone 3G in the UK and Spain. It is not quite clear yet of course how many of these pre re...