--Spain's Telefonica is planning to sell in full or in part its Mexican and Central American subsidiaries in order to reduce its debt load, reports El Economista, citing unnamed sources.

--According to the sources, the telecoms company has been working for months to sell the businesses and talks are now in an advanced phase, with the possibility of an agreement in the coming weeks, El Economista reports.

Full story in Spanish: https://bit.ly/2zryQLw

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(END) Dow Jones Newswires

September 25, 2018 02:26 ET (06:26 GMT)

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