Telefonica sells Hispasat stake
Dominant Spanish telco Telefonica is to sell its 13 per cent stake in satellite operator Hispasat to Spanish infrastructure company abertis and satellite operator Eutelsat for €101 million. The deal sees Telefonica garner a capital gain of €47 million. Abertis paid €68 million for 7.2 per cent of Hispasat, leaving it with 41 per cent […]