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Wireless

Telefonica, La Caixa set up consumer finance company

Tuesday 15 October 2013 | 15:37 CET | News
Telefonica and Spanish financial services provider La Caixa have set up a joint consumer finance company, called Telefonica Consumer Finance, to enable Spanish customers to acquire mobile handsets and devices. The new company is 50 percent owned by each of the partners, with Telefonica acting as the sales partner and CaixaBank, via its FinConsum subsidiary, providing financing and overseeing operating procedures.

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Categories: Mobile & Wireless
Companies: Movistar / Telefonica
Countries: Spain
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