The need to face new investments in Latin America and maintain its debt reduction plan makes the company to advance in the listing of some subsidiaries, despite the fact that the stock market is going through a period of uncertainty.

José María Álvarez-Pallete, president of Telefónica, had confirmed during the presentation of the results for the year 2017 that the sale of non-strategic assets would continue. And also, that progress would be made with the IPO of the subsidiaries of Argentina and the United Kingdom. Although in the latter case, he conditioned that said action would be carried out when the market conditions were optimal.

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Telefónica and a halfway Verónica that imposes faced with few alternatives

The need to face new investments in Latin America and maintain its debt reduction plan makes the company to advance in the listing of some subsidiaries, despite the fact that the stock market is going through a period of uncertainty.

MORE ANALYSIS

Panama begins 5G era with Más Móvil pilots and plan to allocate more spectrum

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Marck Zuckerberg, CEO of big tech, asked Wall Street for "patience" so that it does not abandon its actions, although he reaffirmed that the firm will continue with its advanced technological initiatives that consume a lot of Capex, in a turnaround from the 2023 decision to limit those expenses.

Government promotes investments in Hondutel to enter triple play market

It provides more than US$40 million, together with the UNDP, to deploy fiber optics, whose laying will be available at the beginning of the second half of this year. It also bets on the corporate market.

Why operations managers should pay more attention to cybersecurity

Brazilian linear TV seeks to reconvert to avoid its extinction

Competition with streaming has led the main groups to have their own platforms to be able to compete on other screens. The arrival of TV 3.0 can help in its conversion.

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