Meanwhile, discussions about Telecom Italia’s future are coming to a head, with Telefónica, Spain’s leading operator, expected to play a crucial role.
同时，关于意大利电信公司未来命运的讨论也即将展开，，其中西班牙电信巨头Telefónica公司期待扮演重要角色。
Telesp, a Brazilian fixed-line operator in which Telefónica holds an 88% stake, is losing business as people switch to mobile phones.
巴西的一家固定电话运营商——Telesp公司（西班牙电信持有其88%的股份）由于人们转用移动电话而没了生意。
In November Vivendi snatched GVT, a small Brazilian fixed-line telecoms operator, away from Telefónica, Spain’s former monopoly, which had offered to buy it.
11月，威望迪从西班牙前垄断企业Telefónica手中夺得一家巴西小型固定电话通讯运营公司GVT,Telefónica已提出报价购买GVT。
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