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Telefonica spins off Colombian fibre biz with KKR

2021-07-19 02:00:00| Total Telecom industry news

Back in late 2019, Telefonica announced that it was slimming down its Latin American businesses, indicating that it would seek to sell off these assets (excluding those in Brazil), instead set to focus on its core markets of Spain, Brazil, Germany, and the UK. Since then, the company has undergone numerous asset sales in different forms…read more on TotalTele.com »

Tags: biz fibre telefonica spins

Lumen mulls $5bn sale of consumer biz to Apollo Global Management

2021-07-15 02:00:00| Total Telecom industry news

According to reports from Bloomberg, Apollo Global Management is in discussions to acquire a selection of consumer business assets from Lumen Technologies in a transaction that could be worth around $5 billion. The target assets are, according to sources, situated in a number of US states, with a deal potentially set to be announced in the coming weeks. This rumour, if proved true, would not come as too much of a surprise…read more on TotalTele.com »

Tags: management sale global consumer