Diversified Telecommunication Services
Company Overview of Global Village Telecom (Holding) S.A.
Global Village Telecom (Holding) S.A. provides telecommunications services. The company offers fixed-telephony long-distance, broadband, and Internet services. The company also provides dial-up access and broadband services, such as email, Web content and hosting, blogs, and photo-blogs. The company serves residential households, and small and medium enterprises. Global Village Telecom (Holding) S.A. has a joint venture with EchoStar Technologies L.L.C. to provide pay-TV services in Brazil. The company was formerly known as Global Village Telecom Ltda. and changed its name to Global Village Telecom (Holding) S.A. in February, 2007. The company was founded in 1998 and is based in Curitiba, Br...
Rua Lourenço Pinto, 299
Curitiba, PR 80010-160
Founded in 1998
Key Executives for Global Village Telecom (Holding) S.A.
Vice President of Engineering and Operations
Chief Information Officer and Vice President of IT
General Counsel and Head of Human Resources
Compensation as of Fiscal Year 2013.
Global Village Telecom (Holding) S.A. Key Developments
GVT Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013
Nov 14 13
GVT announced unaudited earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported revenue of EUR 413 million compared to EUR 429 million a year ago. EBITA was EUR 102 million compared to EUR 118 million a year ago.
For the nine months, the company reported revenue of EUR 1,297 million compared to EUR 1,282 million a year ago. EBITA was EUR 298 million compared to EUR 341 million a year ago, due to increased depreciation expenses related to the development in pay- TV. Performance of revenue was achieved despite the slowdown in the Brazilian economy and the social protests that took place in most of the country's large cities in June. EBITDA reached EUR 531 million, a 14.0% increase at constant currency (+0.6% at actual currency) compared to the first nine months of 2012, and its EBITDA margin remained strong at 40.9%.
EchoStar Technologies L.L.C. to Form Joint Venture with Global Village Telecom (Holding) S.A
Oct 2 13
EchoStar Technologies L.L.C. has entered into a joint venture with Global Village Telecom (Holding) S.A. to provide Pay-TV services in Brazil. Global Village Telecom (Holding) is a Brazil-based provider of facilities-based telecommunications and Internet services. The joint venture would be headquartered in Brazil, managed by GVT, and would benefit from GVTÂ´s market position and IP network combined with EchoStarÂ´s expertise in satellite and video technology and its Brazilian licenses.
Vivendi Mulls Spinning Of Unit
Jul 26 13
Vivendi Société Anonyme (ENXTPA:VIV) may sell telecom businesses. According to top executives of the company said that it may sell additional telecom businesses in order to focus on Universal Music Group, Inc. and Societe d'Edition de Canal Plus S.A. (ENXTPA:AN) in line with previously announced plans to concentrate on its media businesses. Earlier, Vivendi had said that it would start exclusive talks in order to complete a sale of its 53% stake in Maroc Telecom Belgique SA for approximately $5.5 billion to Emirates Telecommunications Corporation (ADX:ETISALAT) (Etisalat). Chief Financial Officer, Philippe Capron said that that further telecom disposals could be in the Vivendi’s future. He said, “One possibility, among others, is that we engineer a split of the company with (French telecom arm) SFR SA being taken out of the perimeter”, indicating a possible listing. He added that Global Village Telecom (Holding) S.A. (GTV) could also be put up for sale. Philippe Capron stated, “The GVT process could be started again" under the right circumstances, he told analysts. "That would leave us to start re-growing the group again around Universal Music and Canal (Plus)”. 12% stake in Activision Blizzard, Inc. (NasdaqGS:ATVI) that Vivendi has retained is also likely to be sold in future.
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