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By Adria Calatayud Telefonica is launching a bid to take full ownership of Telefonica Deutschland Holding, offering 1.97 billion euros ($2.11 billion) for...
By Mauro Orru A joint venture between Liberty Global and Spain's Telefonica reached an agreement to sell a minority stake in its mobile tower joint venture...
By Jeffrey T. Lewis SÃO PAULO--Telefonica Brasil's shares rose 2.4% after Brazil's telecoms regulator approved a proposed capital reduction. Shares of Vivo,...
By Adria Calatayud Telefonica on Thursday raised its guidance for 2023 in light of what it called a positive performance since the beginning of the year, and...
By Lina Saigol Order Reprints Text size Telefónica will reduce its debt following the $9.4 billion sale of its mobile phone masts to Boston-based American Towers. Getty Images Shares in Telefónica soared almost 10% on Wednesday, after the Spanish telecom company struck a deal to sell its mobile phone masts in Europe and Latin America to U.S.-based telecom infrastructure operator American Tower for $9.4 billion in cash. The back story. European telecom companies have stepped up the sale of their valuable tower estates in recent years, as they...