Telefonica Said to Proceed With German IPO Plans to Reduce Debt – Businessweek


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Telefonica Said to Proceed With German IPO Plans to Reduce Debt
Businessweek
Faced with declining profit and more intense competition at its domestic market, Telefonica is selling assets, including stakes in its German and Latin American businesses, to help pare more than 58 billion euros of debt. In July, Telefonica decided to
Telefónica prepares for German IPOFinancial Times

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