(Corrects to bolivar not Bolivia in headline)
MADRID Feb 15 Spain's Telefonica said
on Friday the devaluation of the Venezuelan currency, the
bolivar, would have a negative impact of 438 million euros
($584.8 million) on its 2012 earnings.
The 32 percent devaluation of the bolivar last week also
meant Telefonica's assets in Venezuela were now worth 1 billion
euros less, the Spanish telecoms company said in a statement.
($1 = 0.7490 euros)
(Reporting By Tomas Gonzalez; Writing by Paul Day; Editing by