Telefonica Plans Sale of Mexico, Central America Units -El Economista

Date : 09/25/2018 @ 2:41AM
Source : Dow Jones News
Stock : Telefonica Sa (TEF)
Quote : 8.2  0.2 (2.50%) @ 12:05AM

Telefonica Plans Sale of Mexico, Central America Units -El Economista

Telefonica (NYSE:TEF)
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--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

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

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

Copyright (c) 2018 Dow Jones & Company, Inc.

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