Telecom Telefonica looks to M&A to give European telecoms broader vision
LONDON: Spanish telecoms group Telefonica is looking to buy telecom assets and free up resources by selling its Spanish-speaking Latin American assets, as CEO Marc Murtra plots a broader vision for Europe’s telco sector.
The group is eyeing assets in Germany, the UK, Spain and Brazil, Murtra told Reuters as he prepares his first strategic plan for Telefonica after taking the helm in January.
