Telefónica has reached agreement with trade unions that will lead to layoffs for 3,421 employees.
Telefónica planning huge job cuts
Telefónica is planning to lay off up to 5,000 employees at Telefónica España and its subsidiaries Móviles and Soluciones.
Telefónica issues €850m green bond
Spain’s Telefónica has successfully launched a 10-year €850 million green bond.
Government plans Telefónica sale conditions
The Spanish Government is considering imposing certain conditions on stc Group’s acquisition of a 9.9% stake in Telefónica.
Telefónica share sale “legal”
Spain’s National Securities Market Commission (CNMV) has concluded that neither Saudi Arabia’s stc Group or its financial advisor Morgan Stanley acted illegally in acquiring a 9.9% stake in Telefónica.
Morgan Stanley confirms Telefónica stake
Morgan Stanley has informed Spain’s National Securities Market Commission (CNMV) that its stake in Telefónica now stands at 12.178%.
Spanish government probing Telefónica sale
The Spanish government says it is analysing the acquisition of a 9.9% stake in the incumbent telco Telefónica to stc Group.
Saudi telco buys 9.9% of Telefónica
Saudi Arabia’s stc Group has acquired a 9.9% stake in Telefónica for €2.1 billion and is now the largest shareholder in the Spanish telco.
Telefónica secures Champions League rights
Telefónica has been awarded the exclusive rights to the Champions League in Spain for the next three seasons.
Telefónica hit with €5m fine
The Spanish regulator CNMC has fined Telefónica €5 million for again failing to comply with the commitments it accepted for its acquisition of the DTH platform DTS in 2015.