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Wireless

Telefonica to monetise mobile towers portfolio 'within a year'

Wednesday 11 September 2019 | 09:30 CET | News
Telefonica has announced that it intends to accelerate a plan to monetise its extensive tower portfolio as part of a strategy aimed at maximising shareholder value. The decision was taken after the company brought forward a board meeting by more than two weeks to discuss plans to continue reducing its debt pile, boost its share price and cut its workforce. 

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Categories: Mobile & Wireless
Companies: Telefonica / Telxius
Countries: Spain / World
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