Telefonica says studying offers for Atento unit

MADRID Wed Jul 11, 2012 5:22am EDT

A man talks on his cell phone outside Telefonica headquarters in Madrid July 29, 2010. REUTERS/Susana Vera

A man talks on his cell phone outside Telefonica headquarters in Madrid July 29, 2010.

Credit: Reuters/Susana Vera

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MADRID (Reuters) - Spain's Telefonica (TEF.MC) said on Wednesday it is studying offers for its call center business Atento, revisiting the sale of the unit after a failed attempt to float it last year.

"Telefonica will go ahead with the divestment of its stake in Atento, having received a number of offers from third parties, whose terms and conditions are being analyzed by the company," it said in a filing with the Spanish stock market regulator CNMV on Wednesday.

Earlier, financial website ElConfidencial.com said Telefonica would sell Atento in the next few days in a deal valuing its majority stake at 750 to 850 million euros, well below the amount it was seeking last year.

(Reporting by Jesus Aguado; Editing by Tracy Rucinski)

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