Telefónica said to reboot sale of subsea cable interest Telxius

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Source: Unsplash / Giga Khurtsilava

Operator and investor partner Pontegadea reportedly kick off talks to divest Telxius at a €1.2bn valuation. Move aligns with Telefónica Group’s recent reconfiguration of infra assets under Transform & Grow strategy, and follows rumours of previous, unsuccessful sale talks…

This article includes:

  • Organisations: Aermont Capital; American Tower; Asterion; Asterion Industrial Partners; CAF; CDPQ; Ciena; El Confidencial; FiBrasil; GlobalConnect; Google; Greenhill; Guggenheim; IDB Invest; InfraVia; Internet para Todos; I Squared Capital; JP Morgan; Liberty Global; Millicom International Cellular; Nabiax; nexfibre; ON*NET Fibra Colombia; Pontegadea; Société Générale; Sparkle; Substantial Group; Synamedia; Telefónica; Telefónica Group; Telxius; Virgin Media O2.
  • Geographies: Azores; Bermuda; Brazil; Caribbean; Colombia; Europe; Germany; Guatemala; Latin America; London; Peru; Spain; UK; USA.
  • People: Antonio Ledesma; Javier de Paz; Marc Murtra; Mario Martín.
  • Themes: 100Gbps+ transmission; cable landing stations; connectivity services; content delivery networks; data centres; divestment; fibre networks; financial advisory; infrastructure assets; joint ventures; macroeconomic pressures; network upgrades; pluggable optics; points of presence; subsea cables; submarine infrastructure; valuation.

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