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General

Telxius announces EUR 162.4 mln capital hike ahead of IPO

Tuesday 14 June 2016 | 09:15 CET | News
Telefonica's recently-created global infrastructure unit Telxius has increased its capital by EUR 162.4 million, according to a Spanish companies registry filing. The subsidiary was set up in February to manage Telefonica's global infrastructure, including around 16,000 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. Last month, Bloomberg reported that the IPO could take place as early as July and could raise up to EUR 4-5 billion.

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Categories: General
Companies: Telefonica / Telxius
Countries: Spain / World
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