0
General

Telefonica's Hispam unit worth EUR 13.5 bln - report

Monday 2 December 2019 | 09:59 CET | News
The new Hispam unit that Telefonica will create to hold its Latin American business (apart from Brazil) and attract investors has a total market value of EUR 13.5 billion, equivalent to around 14 percent of the group's assets, reports Expansion, citing an assessment by Goldman Sachs. The Spanish group has a total business value of EUR 95.1 billion, including a EUR 40.8 billion debt pile, and last week announced plans to spin-off and review 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

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 / Spain
::: add a comment

Add 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

Telefonica Q2 sales plunge 11% in Latin America on heavy Covid-19 and forex impact

Published 30 Jul 2020 09:52 CET | Latin America
Telefonica said its operations in Latin America were heavily impacted by the Covid-19 pandemic and weak local currencies in the ...

Telefonica reactivates sale of Costa Rica subsidiary - report

Published 01 Jul 2020 15:00 CET | Costa Rica
Telefonica has relaunched the process to find a buyer for its mobile telecommunications assets in Costa Rica a couple of months ...

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 ...

Millicom withdraws from USD 570 mln acquisition of Telefonica Costa Rica

Published 04 May 2020 08:29 CET | Costa Rica
Millicom confirmed it has pulled out of a USD 570 million agreement to acquire Telefonica's mobile telecommunications assets in ...

Telefonica to sue Millicom over aborted Costa Rica purchase

Published 30 Apr 2020 09:01 CET | Costa Rica
Telefonica is set to take legal action against Millicom in US courts over the aborted sale of its subsidiary in Costa Rica, ...

Telefonica offers to buy out Peru minority shareholders

Published 02 Apr 2020 13:59 CET | Peru
Latin American Cellular Holdings, Telefonica's local holding company, has made a new offer to buy class B shares from minority ...

Telefonica eyeing partial sale of Chile fibre unit - report

Published 26 Mar 2020 11:37 CET | Chile
Telefonica has hired Banco Santander to find a buyer for a stake in its Chilean fibre-optic subsidiary Infraco, according to ...

Spanish govt shields Telefonica from hostile takeover bids

Published 19 Mar 2020 09:58 CET | Spain
The Spanish government has taken steps to protect listed companies including Telefonica from hostile takeover bids as share ...

Telefonica Mexico gains EUR 95 mln from returned spectrum

Published 28 Feb 2020 14:33 CET | Mexico
Telefonica Mexico has raised EUR 95 million after returning mobile spectrum in the 800 MHz and 1.9 GHz and 2.5 GHz bands to ...

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, ...

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 picks Morgan Stanley to head review of LatAm activities - report

Published 13 Jan 2020 09:50 CET | Latin America
Telefonica has selected US investment bank Morgan Stanley to carry out an analysis of its operations in Latin America, reports ...

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 ...

Tigo and Claro awarded 90MHz of spectrum in El Salvador AWS auction

Published 06 Dec 2019 12:04 CET | El Salvador
El Salvador telecommunications watchdog Siget has awarded a total of 90 MHz of spectrum in the 1700MHz/2100MHz (AWS) bands to ...

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 ...

Loon partners with Telefonica's 'Internet for all' to bring balloon-powered connections to Peru

Published 22 Nov 2019 08:51 CET | Peru
Alphabet's Loon has reached an agreement with the 'Internet para Todos' (IPT) project launched last year by Telefonica and ...

Telefonica Argentina organic revenues up another 48% on tariff updates in Q3

Published 05 Nov 2019 11:52 CET | Argentina
Telefonica Argentina reported inflation-adjusted organic revenues up 47.7 percent year on year to EUR 362 million in the third ...

Telefonica Peru revenues return to growth after two and a half years in Q3

Published 05 Nov 2019 11:33 CET | Peru
Telefonica's Peruvian unit (Telefonica del Peru) reported its first revenue growth in two and a half years in the third quarter ...

Telefonica Chile revenues fall 5% in Q3, up to 600,000 fibre customers

Published 05 Nov 2019 11:03 CET | Chile
Telefonica Chile reported third-quarter revenues down 5.1 percent year on year on an organic basis to EUR 470 million, again ...

Telefonica Colombia sales down 1.5% in Q3 on fixed falls, mobile clients up 5%

Published 05 Nov 2019 10:45 CET | Colombia
Telefonica Colombia reported third-quarter revenues down 1.5 percent from a year earlier to EUR 350 million due mainly to ...

Telefonica Spain accelerates revenue growth to 1% in Q3 as convergent ARPU passes EUR 90

Published 05 Nov 2019 10:01 CET | Spain
Telefonica's Spanish unit (Telefonica Espana) accelerated its recent gradual growth in the third quarter of 2019, posting a 1.0 ...

Telefonica profits fall on restructuring costs, revenue still up 1.7%

Published 05 Nov 2019 08:49 CET | Latin America
Telefonica saw its revenue growth strengthen to 1.7 percent in the third quarter to EUR 11.9 billion, thanks to improved sales in ...

Telefonica Brasil reports 70% profit drop in Q3

Published 04 Nov 2019 13:39 CET | Brazil
Telefonica Brasil reported a net profit of BRL 965 million in the third quarter, a drop of 70 percent from the 1.3 billion ...

Millicom acquires Telefonica's Panama, Costa Rica and Nicaragua units for USD 1.65 bln

Published 21 Feb 2019 08:56 CET | Costa Rica
Millicom has announced an agreement to acquire Telefonica's mobile telecommunications assets in Panama, Costa Rica and Nicaragua ...

Telefonica sells Guatemala, El Salvador units to America Movil for EUR 570 mln

Published 25 Jan 2019 09:19 CET | Central America
America Movil has announced a deal to acquire Guatemala and El Salvador operations from Telefonica for a total of EUR 570 ...





Calendar   /   Industry Events

10 Aug Synchronoss Q2
10 Aug ON Semiconductor Q2 2020
10 Aug Pixelworks Q2 2020
10 Aug Sohu Q2 2020
10 Aug Avaya fiscal Q3
10 Aug Ceva Q2
10 Aug Gogo Q2 2020
11 Aug Viavi fiscal Q4
11 Aug NTT fiscal Q1
11 Aug Zoom Telephonics Q2 2020
11 Aug Rakuten Group Q2
11 Aug Lumentum fiscal Q4
11 Aug Radcom Q2 2020
12 Aug Tecnotree H1 2020
12 Aug Freenet Q2 2020
12 Aug Tencent Q2 2020
12 Aug Cisco fiscal Q4
12 Aug China Unicom Q2 2020
13 Aug iQiyi Q2 2020
13 Aug 1&1 Drillisch Q2 2020
13 Aug United Internet H1 2020
13 Aug Teleste Q2 2020
13 Aug RTL Group Q2 2020
13 Aug China Mobile H1 2020
13 Aug Singtel fiscal Q1
13 Aug Teleste Q2 2020
13 Aug Deutsche Telekom Q2 2020
13 Aug Swisscom Q2 2020
13 Aug Telstra FY results
14 Aug TDC Q2 results
::: More Calendar Items