Friday, 14 December 2018

Telefonica planning to sell out of Telecom Italia

By Mary Lennighan, Total Telecom
Monday 14 July 14

Spanish incumbent may look to sell shares to appease Brazil's CADE, according to press report.

Telefonica is planning to sell its stake in Telecom Italia in a bid to resolve regulatory tensions in Brazil, it emerged late last week. The Spanish incumbent is in talks with a number of investment funds, Brazilian newspaper Folha de S. Paulo reported on Friday, without citing sources…

Telefonica is planning to sell its stake in Telecom Italia in a bid to resolve regulatory tensions in Brazil, it emerged late last week. The Spanish incumbent is in talks with a number of investment funds, Brazilian newspaper Folha de S. Paulo reported on Friday, without citing sources…

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