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Telefonica considers multiple offers for equity stakes in Telxius

Fri, 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 was in the process of negotiating and analysing the diverse range of alternatives presented.
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23 Jan 2019 08:18

TOP NEWS: Vodafone Extends Partnership With O2 To Include 5G Services

LONDON (Alliance News) - Vodafone Group PLC said Wednesday it has entered a non-binding heads of terms with Telefonica UK Ltd to "strengthen" the existing network partnership between the

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23 Oct 2018 12:37

CORRECT: O2's GBP10 Billion London Stock Market Flotation On Hold (ALLIPO)

(Correcting that Funding Circle Holdings PLC, and not Funding Circle SME Income Fund Ltd, sank on its recent stock market debut.)LONDON (Alliance News) - The GBP10 billion stock market of a

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22 Oct 2018 13:09

O2's GBP10 Billion London Stock Market Flotation On Hold (ALLIPO)

LONDON (Alliance News) - The GBP10 billion stock market flotation of mobile operator O2 has been put on hold until after Brexit as parent firm Telefonica SA holds fire in the wake of market and a

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15 Oct 2018 12:53

IQE Hires Former O2 Finance Director As New Chief Financial Officer

LONDON (Alliance News) - AIM-listed semiconductor company IQE PLC said Monday it has appointed former O2 Finance Director Tim Pullen as its new chief financial officer, starting in early will CFO

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17 Sep 2018 08:21

St Modwen Appoints Direct Line Non-Executive As Chair Designate

LONDON (Alliance News) - St Modwen Properties PLC said Monday that it has appointed Danuta Gray as chair designate and non-executive director, with effect from October 1.Gray is expected to

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20 Jul 2018 15:38

Huawei Poses New Risks To UK Telecom Networks, Says Government

LONDON (Alliance News) - A Government investigation into the use of Huawei’s equipment across UK telecommunication networks has exposed “new risks”.The Huawei Cyber Security Evaluation a in

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4 Jul 2016 18:54

Telefonica SA's 2017 dividend eyed by wary futures traders

(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

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27 May 2016 15:19

Facebook, Microsoft pair-up to build Atlantic subsea cable

(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

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25 Jun 2015 08:45

Telefonica sells stake in Telecom Italia

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

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7 Jul 2009 15:36

O2 chosen as exclusive UK carrier for Palm Pre

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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