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Broadband

Telefonica in talks to sell Peru fibre network stake

Wednesday 18 August 2021 | 12:09 CET | News
Telefonica has begun negotiating the possible sale of a stake in its Peruvian fibre unit following similar deals in Chile, Colombia and Brazil, reports business daily Cinco Dias, citing comments from chief financial director and Hispam chief Laura Abasolo. The move is part of the Telefonica's group's ongoing process to "modulate its exposure to the region" without "underselling" its local assets, said Abasolo, according to the report.

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Categories: Fixed
Companies: Movistar Peru / Telefonica
Countries: Peru
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