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Market Chatter: Telefonica Said to Consider Tech Business Revamp
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Market Chatter: Telefonica Said to Consider Tech Business Revamp
May 26, 2025 2:49 AM

09:48 AM EDT, 05/07/2025 (MT Newswires) -- Telefonica SA ( TEF ) is formulating plans to revamp its technology business as part of a broader strategic review, Bloomberg reported Wednesday, citing people familiar with the matter.

Telefonica ( TEF ) did not immediately reply 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.)

Price: 5.10, Change: -0.03, Percent Change: -0.49

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