Telefónicawatch

Spain buys 3% of Telefónica, more share purchases likely

2024-03-28T13:41:00

Telefonica HQ

Source: Telefonica

Madrid initiates process of regaining primary shareholder status in Telefónica, as national interests surrounding telco ownership continue to rise back up the agenda in Europe, prompted by phase of operator vulnerability to outside takeovers and broader climate of geopolitical risk. 

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