Telefonica Completes Transaction Related To Colombia Telecomunicaciones

Reuters02-06 14:40

Feb 6 (Reuters) - Telefonica SA ::
*SAID ON THURSDAY, TELEFONICA HISPANOAMERICA TRANSFERS 67.5% STAKE IN COLOMBIA TELECOMUNICACIONES TO MILLICOM COLOMBIA
*STAKE SOLD FOR $214 MILLION (AROUND 182 MILLION EUROS)
*TRANSACTION REDUCES TELEFONICA'S NET DEBT BY 1.55 BLN EUROS
*TRANSACTION ALIGNS WITH STRATEGY TO EXIT HISPANOAMERICA

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 06-FEB-202606:27:54 GMT

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