Telefónicawatch

Telefónica FY21: Group more comfortable with exposure levels

2022-04-06T08:48:00

FY21: Group more comfortable with exposure levels

Source: Brook Anderson / Unsplash

Hispam still not considered ‘core’. However, executives are clearly less concerned by volatility and cash flow drags from cluster of regional OBs. Group indicates deal-making shift from full country exits to infrastructure asset rejigging.

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