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TEF / Telefonica sells controlling stake in Peruvian fibre optic network to KKR

Telefonica has sold a 54% stake in its fibre optic network in Peru to U.S. private equity fund KKR and 10% to Entel's local business, the Spanish telecoms group said on Friday, adding that it will retain the remaining 36%. Read More

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Posted: Jul 7 2023, 03:23

Author Name: Reuters

TEF News

By Reuters
October 30, 2023

STC renounces upping stake in Spain's Telefonica to 9.9% - report

Saudi telecoms group STC is seeking to keep its current 4.9% stake in Spain's Telefonica and no longer plans to convert the 5% it holds in derivatives

By Zacks Investment Research
October 6, 2023

Telefonica (TEF) Reportedly Considering Stake Sale of Tech Unit

A potential deal can value Telefonica's (TEF) tech unit at more than 2 billion euros ($2.10 billion), added Bloomberg citing sources familiar with the

By Reuters
September 7, 2023

Focus: How the Saudis became a top shareholder in Telefonica, Spain's telecoms giant

Jose Maria Alvarez-Pallete, chairman and chief executive of debt laden Spanish telephone and internet service company Telefonica, got an unexpected ca

By Zacks Investment Research
September 6, 2023

Telefonica's (TEF) Receives $2.25B Investment From STC Group

Telefonica (TEF) sells 9.9% shares of the company to STC Group for $2.25 billion.

By Zacks Investment Research
August 15, 2023

Telefonica (TEF) Surges 10.1% YTD: Will the Uptrend Continue?

Telefonica TEF witnessed strong momentum this year, with shares gaining 10.1% year to date compared with the sub-industry's rise of 2%.

By Reuters
August 10, 2023

Telefonica teams up with Elon Musk's Starlink to connect remote customers

Spanish telecoms operator Telefonica said it teamed up with billionaire Elon Musk's satellite network operator Starlink to provide internet connection

By Zacks Investment Research
July 28, 2023

Telefonica's (TEF) Q2 Earnings and Revenues Increase Y/Y

Telefonica's (TEF) second-quarter performance benefits from solid revenue growth in Deutschland and Tech.

By Reuters
July 28, 2023

Telefonica has approached Vodafone on Spanish broadband deal - Bloomberg News

Telefonica has approached British telecoms group Vodafone about a potential deal involving internet broadband networks in Spain, the Spanish company's

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