Telefónicawatch

Telefónica Tech preps for part-sale

By 2021-07-07T15:08:00

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Source: Telefónica

Long-mooted divestment plan appears close to initiation, with reports indicating private equity interest. Division not the big-hitter it once claimed to become, but hoping to draw punters through M&A and partnerships. Downsized ambition and reset scope remind of last decade’s Telefónica Digital, where grand ambition faded away.

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