Telefónicawatch

Telefónica steps back from Colombia auction

2020-02-18T12:36:00

colombia flag

Source: Carlos Castro Ruge / Flickr CC BY-SA 2.0 - Colombia - image may be cropped, otherwise derivative

Despite making a fuss to get auction terms changed, Telefónica ultimately abstained from the latest 4G spectrum sale. Speculation that the decision was influenced by Group distancing of most Latin American assets, and the potential of a sale of the Colombia business.

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