Telefonica (TEF) abandons its pursuit of full control of Vivo (VIV), its JV with Portugal...

|About: Telefonica S.A. (TEF)|By:, SA News Editor

Telefonica (TEF) abandons its pursuit of full control of Vivo (VIV), its JV with Portugal Telecom (PT). Sources say the next step may be a legal battle, with Telefonica poised to ask a Dutch court to break up the JV.