Spain´s Telefonica SA (TEF) has agreed to purchase the television production division of local broadcaster Antena 3 de Television SA (A3TV.MC), a person familiar with the situation said Saturday.

No price has been disclosed for the purchase of the division, which operates mobile units for broadcast television.

Earlier Saturday, local Business daily Expansion reported that Telefonica´s broadcasting unit Telefonica Servicios Audiovisuales was seeking to widen its reach with the purchase of Antena 3´s VSAT, which operates a fleet of 17 broadcast TV vehicles, boosting Telefonica´s own fleet of mobile units to around 30.

Antena3 officials didn´t immediately return calls for comment.

Company Web sites: www.telefonica.com

www.antena3.com

-By Santiago Perez, Dow Jones Newswires; (34) 618 528 681; santiago.perez@dowjones.com