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Business

Telcos jostle for position

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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.

Business

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