Sunday, 25 June 2017

Telefonica set to announce €3bn capital hike for Brazil buy

By Mary Lennighan, Total Telecom
Friday 20 March 15

Spanish telco reportedly working with nine banks on capital increase; announcement could come next week.

Telefonica is planning a €3 billion capital increase to help fund its acquisition of Brazilian broadband operator GVT, it emerged this week. An announcement could come as early as next week…

Telefonica is planning a €3 billion capital increase to help fund its acquisition of Brazilian broadband operator GVT, it emerged this week. An announcement could come as early as next week…

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