Telefonica considers multiple offers for equity stakes in Telxius
10th Feb 2017 14:13
(ShareCast News) - Spanish telecoms giant Telefonica says it has received several offers for the acquisition of an equity stake in subsidiary Telxius Telecom Ltd. Telefonica formed Telxius to hold infrastructure assets, among them its telecom masts and and deep-sea fibre optic network. It said it w
Read moreTelefonica SA's 2017 dividend eyed by wary futures traders
4th Jul 2016 18:54
(ShareCast News) - Telefonica SA's dividend is being eyed by wary futures traders who see the Spanish teleco potentially cutting its payment in a bid to bolster its credit rating. Speculation on the future dividend by the debt-laden carrier follows the falling-through of plans to sell its British wi
Read moreFacebook, Microsoft pair-up to build Atlantic subsea cable
27th May 2016 15:19
(ShareCast News) - US tech giants Facebook and Microsoft are teaming up to build a high-specification undersea cable across the Atlantic to deliver speedy online and cloud services for their respective customers. The cable - known as MAREA, the Spanish word for tide, and tailored to have a bandwidth
Read moreTelefonica sells stake in Telecom Italia
25th Jun 2015 08:45
Telecoms giant Telefonica has completed the sale of its stake in Italian sector peer Telecom Italia to Vivendi SA. In a statement released on Thursday, the company said its subsidiary Telco TE had divested 1.1bn ordinary shares of Telecom Italia, which represent 8.2% of the group's issued share capi
Read moreO2 chosen as exclusive UK carrier for Palm Pre
7th Jul 2009 15:36
Palm has chosen Telefonica, which owns O2, as the exclusive carrier in Europe for its much-lauded smartphone, the Pre. The move surprised some industry pundits as O2 already owns the UK licence for the Apple iPhone, which will go head-to-head with the Palm Pre in the smartphone sector. "We are fas
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