Shares in Telefonica (TEF.MC) soared on Wednesday after the Spanish group said it had agreed to sell its mobile phone masts in Europe and Latin America to American Towers for 7.7 billion euros ($9 ...

American Tower is paying 7.7 billion euros ($9.4 billion) cash for about 30,700 tower sites in Spain, Germany, Brazil, Peru, Chile and Argentina held by Telefonica unit Telxius Telecom.

Telefonica is seeking a partner like U.S.-based American Tower for part of a fibre optics network expansion it is planning in Brazil, Chief Operating Officer Angel Vila said on Thursday.

Telefonica, S.A. TEF recently announced that it has completed the divestment of Telxius’ mobile phone masts in Europe to U.S.-based telecom infrastructure operator, American Tower Corporation ...

What Happened: Telefonica has agreed to offload its telecommunication towers in Spain, Germany, Brazil, Peru, Chile, and Argentina to American Tower. The companies will enter into two separate ...

MADRID (Reuters) – Telefonica is seeking a partner like U.S.-based American Tower for part of a fibre optics network expansion it is planning in Brazil, Chief Operating Officer Angel Vila said ...