Telefónica Group Q3 FY20

Q3 FY20: Under pressure Telefónica flaunts assets

Source: Max Bender / Unsplash

Worries persist about Group debt, a tanking share price, and continued exposure to troubled LatAm markets, but Telefónica insists that €100bn of assets on the balance sheet that could be monetised should calm nerves. “Double dip” challenge of pandemic and FX fluctuations acknowledged by management, but Group positioned as ...

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