Radar > 231271

Telefónica studies IPO for Telefónica México

Telefónica estudia salida a bolsa de Telefónica México

Intel ID : 231271
Synopsis

Telefónica (BME:TEF), a Spain-based broadband, land and mobile telephone services operator, is studying an Initial Public Offering (IPO) for its Mexico-based subsidiary Telefónica México, reported Reuters España on 11 November, 2015, citing the company's chief financial and corporate development officer, Ángel Vila.

Vila noted the Mexican telecommunications market has taken off and keeps growing, which is why an IPO is an attractive prospect.

In Mexico, Telefónica has 20% of the market quota, behind leader América Móvil (BMV:AMX), which holds 70%. It also competes with US-based AT&T (NYSE:T).
(content in spanish)

Telefónica (BME:TEF), empresa española de servicios de telefonía fija, móvil y banda ancha, está estudiando la salida a bolsa de su filial mexicana Telefónica México, ha publicado Reuters España el 11 de noviembre de 2015, citando al director financiero y de desarrollo corporativo de la empresa, Ángel Vila.

Vila ha señalado que el mercado mexicano de telecomunicaciones ha despegado y continua creciendo, por lo que una salida a bolsa resulta atractiva.

En México, Telefónica tiene 20% de la cuota mercado, detrás del líder, América Móvil (BMV:AMX), que mantiene el 70%. También compite con la estadounidense AT&T (NYSE:T)

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Intel ID 231271
Value ND
Native Currency Mexican Peso (MXN)
Exchange Rate:
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Tags

Issuer

Name
verified
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Primary Sector (TTRSC)
60.02.01 Integrated Communication Services
60 Telecommunications / 60.02 Telecommunications & Networking Services

Country
Website
Description

Target

Name
potential
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Primary Sector (TTRSC)
60.02.01 Integrated Communication Services
60 Telecommunications / 60.02 Telecommunications & Networking Services

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.