World & BusinessTelefónica reportedly weighs sale of Venezuelan unit after 35 years
Bloomberg reports that the Spanish carrier is considering starting a sale process, citing people familiar with the matter.
TLDR
Bloomberg said on September 25, 2026, that Telefónica aims to exit Venezuela within a year. Citing people familiar with the matter, it reports that the company is considering starting a sale process for its Venezuelan unit. A sale would further shrink the Spanish carrier’s presence in Latin America.
Telefónica reportedly weighs sale of Venezuelan unit after 35 years
Bloomberg reports that the Spanish carrier is considering starting a sale process, citing people familiar with the matter.
TLDR
Bloomberg said on September 25, 2026, that Telefónica aims to exit Venezuela within a year. Citing people familiar with the matter, it reports that the company is considering starting a sale process for its Venezuelan unit. A sale would further shrink the Spanish carrier’s presence in Latin America.