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Market Chatter: Spain's Telefónica Reportedly Mulls Venezuelan Unit Sale
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05:12 AM EDT, 09/25/2026 (MT Newswires) -- Telefónica (TEF.MC) is reportedly considering selling its Venezuelan unit as part of plans to exit the country within the next year, Bloomberg News reported Friday, citing unnamed sources. The Spanish telecommunications group has been approached by interested parties but is awaiting the right window to launch a sales process, the report said. A potential sale would require approval from the US and Venezuelan administrations, Bloomberg added. Telefónica did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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