0
General

Telefonica picks Morgan Stanley to head review of LatAm activities - report

Monday 13 January 2020 | 09:50 CET | News
Telefonica has selected US investment bank Morgan Stanley to carry out an analysis of its operations in Latin America, reports business daily Expansion, citing an earlier exclusive from Bloomberg. The review is part of the wide-ranging action plan announced by Telefonica in November, with the company pledging to spin-off its Latin American units, with the exception of Brazil, with a view to "modulating the exposure to the region, while creating the conditions to maximise its value... via growth, consolidation and potential corporate operations."

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Telefonica
Countries: Latin America
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Argentina's Gruppo Olmos in talks to acquire Movistar Uruguay

Published 13 May 2021 13:47 CET | Uruguay
Argentinian holding company Grupo Olmos, owner of the pay-TV channel Cronica TV, is in talks to acquire of Telefonica's Uruguayan ...

Telefonica steps up talks to sell Chile subsidiary - report

Published 05 Jan 2021 10:07 CET | Chile
Telefonica has stepped up the process to find a buyer for its Movistar Chile subsidiary, with Liberty Latin America emerging as ...

Telecom Argentina to boost Uruguay investment, eyes Telefonica unit - report

Published 07 Dec 2020 11:57 CET | Uruguay
Telecom Argentina intends to significantly increase its investment in Uruguay over the coming months and explore the possibility ...

Telefonica Argentina inks ICT deal with Pecom

Published 30 Jun 2020 10:46 CET | Argentina
Movistar Argentina (Telefonica) has reached a memorandum of understanding to provide a series of ICT services to local energy ...

Telefonica revenues down 5% in Latin America, Mexico returns to OIBDA growth

Published 07 May 2020 10:09 CET | Latin America
Telefonica said its operations in Latin America posted a 4.8 percent organic decline in total revenues to EUR 2.20 billion in the ...

Telefonica Chile to double fibre speed on all plans at no extra cost

Published 26 Feb 2020 11:45 CET | Chile
Telefonica Chile has confirmed that it's doubling the speed on the majority of its fibre-optic plans at no extra cost to ...

Telefonica holding 'several talks' on sale of Hispam unit

Published 21 Feb 2020 11:46 CET | Latin America
Telefonica is stepping up efforts to find a buyer for its operations in Latin America and is already assessing several proposals, ...

Telefonica hires Citi to assist sale of Hispam unit - report

Published 31 Jan 2020 15:26 CET | Latin America
An assessment by Goldman Sachs valued the unit at EUR 13.5 billion, equivalent to around 14 percent of Telefonica's assets, with ...

Telefonica creates new global digital consumer unit

Published 31 Jan 2020 09:33 CET | Spain
Telefonica has announced the creation of a new global unit designed to make sales processes and customer relations "more digital, ...

Telefonica hires Morgan Stanley to seek tech unit investor - report

Published 27 Jan 2020 16:00 CET | Spain
Telefonica has appointed US investment bank Morgan Stanley to help it find an investor for another of its assets, the new ...

Novator mulling acquisition of Telefonica Colombia or Avantel - report

Published 27 Jan 2020 14:37 CET | Colombia
UK-based investment fund Novator, owner of Chilean operator WOM, is interested in acquiring the Colombian subsidiary of Spain's ...

LatAm business grouping eyeing takeover of Telefonica Hispam unit - report

Published 21 Jan 2020 09:42 CET | Latin America
A group of Latin American entrepreneurs is interested in acquiring a 51 percent stake in the majority of Telefonica's assets in ...

'Telefonica ontvangt bod op Zuid-Amerikaanse activiteiten'

Published 20 Jan 2020 11:26 CET | Latin America
Het Spaanse telecomconcern Telefónica heeft volgens de Spaanse krant El Mundo een bod ontvangen van een consortium aan ...

Telefonica names new Latin America team, looks to 'maximise value' of Hispam unit

Published 18 Dec 2019 09:18 CET | Latin America
Telefonica has approved the organisational structure of the new Hispam unit created to hold its Latin American business (apart ...

Telefonica's Hispam unit worth EUR 13.5 bln - report

Published 02 Dec 2019 09:59 CET | Latin America
The new Hispam unit that Telefonica will create to hold its Latin American business (apart from Brazil) and attract investors has ...

Telefonica pays out EUR 59 mln in Peru tax dispute

Published 28 Nov 2019 09:59 CET | Peru
Telefonica Peru has complied with a ruling handed down earlier this year by Peru's Supreme Court and paid out PEN 218 million ...

Telefonica unveils plan to spin off LatAm business and prioritise Spain, Brazil, UK, Germany

Published 28 Nov 2019 09:23 CET | Brazil
Telefonica has announced a major organisational restructure following a meeting of its board of directors. The company's 5-point ...





Calendar   /   Industry Events

11 May Small Cells World Summit
13 May BT FY results
13 May Inwit Q1 2021
13 May Telefonica Q1 2021
13 May Alibaba Group Q1
13 May Poly fiscal Q4
13 May DZS investors day
14 May Japan Display FY results
14 May Telesat Q1
14 May Digi Communications Q1 2021
14 May Sohu.com Q1 2021
14 May Sogou Q1 2021
17 May Minim Q1 2021
17 May World Telecommunication and Information Society Day
18 May Iliad Q1 2021
18 May Vodacom FY results
18 May Vodafone FY results
18 May iQiyi Q1
18 May Baidu Q1 2021
18 May MTS Q1 2021
18 May Google I/O
19 May Analog Devices Q2
19 May TIM Q1 2021
19 May Cisco fiscal Q3
19 May Qualcomm 5G Summit
20 May Nkom 2020 telecoms statistics
20 May Poly investors day
20 May Deutsche Telekom Capital Markets day
20 May Shaw EGM on Rogers merger
20 May Telefonica Deutschland AGM
::: More Calendar Items