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Stock Market & Financial Investment News

News Breaks
July 30, 2014
06:56 EDTTEFTelefonica aims for Mexico agreement after Iusacell report, Bloomberg says
Telefonica said the firm is in discussions regarding a possible agreement in Mexico after a report from news site El Confidencial noted that the telecommunications company is looking to purchase Grupo Iusacell, according to Bloomberg, citing the report. Telefonica said in a Spanish regulatory filing, "Negotiations are open, although no agreement has been reached." The company gave no further details on the matter. Reference Link
News For TEF From The Last 14 Days
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October 17, 2014
07:26 EDTTEFTelefonica axes 1.6K German jobs after E-Plus deal, WSJ says
As Telefonica gains E-Plus, the company's German division will reduce over 1.6K staff members in the country, according to The Wall Street Journal, citing a person familiar with the matter. Telefonica's German division employs 9.1K workers total at the moment. Reference Link

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