Telecoms - Guacamaya

Telefónica’s chairman, Marc Murtra, announced on Tuesday that the company will also be leaving Venezuela, as part of the sale of all its assets in Hispanic America, in addition to Mexico and Chile.

Telefónica Accelerates Exit from Latin America but Invests in Venezuela

Elias Ferrer1 year ago1 year ago02 mins

Telefónica, the Spanish telecoms giant, is speeding up the sale of its subsidiaries in Latin America. After operating in 12 countries across the region, it will now retain only Venezuela, in addition to its businesses in Europe and a stake in China Unicom.