Telefonica SA (TEF) has bought, through its Brazilian unit Telecomunicacoes de Sao Paulo SA (TLPP4.BR), or Telesp, an additional 30% stake in Brazilian pay television company TVA, raising it to 49.99%, reports Cinco Dias in its Tuesday Internet edition.

The newspaper doesn't offer financial details, but adds TVA shares were bought from Lemontree Participacoes, controlled by local media giant Grupo Abril.

Newspaper website: www.cincodias.com

-Dow Jones Newswires; enza.tedesco@dowjones.com

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