Telefónicawatch

Telxius prepares subsea business for sale — report

2020-11-22T09:38:00

Telxius prepares subsea business for sale — report

Source: Jeremy Bishop / Unsplash

Telefónica TowerCo Telxius reportedly poking investors to see who bites. €2bn valuation for 100,000km-long submarine cable arm. Telxius’s terrestrial portion has seen continued growth, potentially readying for a pivot.

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