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General

Telefonica infra unit announces EUR 87.5 mln capital hike

Thursday 14 April 2016 | 10:10 CET | News
Telefonica's recently-created global infrastructure unit Telxius has increased its capital from EUR 60,000 to EUR 87.56 million, according to a companies registry filing. The subsidiary was set up in February to manage Telefonica's global infrastructure, including around 15,000 towers in Spain and other countries, as well as the company's 31,000 km of fibre cable, including the SAM-1 cable linking the US and Latin America. Telefonica subsequently confirmed that it was analysing a possible IPO of Telxius towards the end of the second quarter or start of the third, depending on market

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Categories: General
Companies: Telefonica
Countries: Spain / World
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