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Colombia announces winners in 'historic' 5G data services auction, ET Telecom

5G: Claro, Telecall Colombia S.A.S., WOM and Union Temporal Colombia Movil-Telefonica, a partnership between the operators of Movistar and Tigo, won concessions up for grabs in the auction, the communications ministry said in a statement. ....

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Spain to Buy Telefonica Stake Worth as Much as $2.2 Billion

(Bloomberg) The Spanish government plans to buy a stake in Telefonica SA worth as much as $2.2 billion, a bid to safeguard one of the nation’s most strategic assets as Saudi Arabia builds up its own position in the company.Most Read from BloombergApple Races to Tweak Software Ahead of Looming US Watch BanTrump Barred From Colorado Ballot in Unprecedented RulingApple to Halt US Sales of Smartwatches After Patent LossWhat If Putin Wins? US Allies Fear Defeat as Ukraine Aid StallsThe Hedge Fund ....

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Telefonica Shares Climb After Spain Moves to Buy Stake

By Adria Calatayud Telefonica shares rose after Spain's state holding company said it would buy up to 10% of the telecommunications company, three months. ....

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Spain to buy up to 10% in Telefonica following Saudi entrance, ET Telecom

Telefonica: SEPI said it would complete the acquisition of shares while minimising the impact on the share price. It would not give further details. A 10% stake has a current market value of around 2 billion euros ($2.20 billion). ....

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Telefonica Shares: Telefonica's shares soar after Spanish government unveils plan to buy stake, ET Telecom

Telefonica shares were up 5.5% at 3.763 euros in early trading, on track for their best day since November 22, 2021 and the top gainer in the STOXX 600 index. ....

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