Telefonica SA (TEF.N)
* Says will fully reconsolidate British unit o2 when it reports Q2 earnings in July
MADRID, June 24 Spain's telecoms group Telefonica on Friday said it was sticking to its 2016 targets despite the decision from Britain to leave the European Union, which could potentially hit its business in the country and the group's balance sheet.
* Spain's Telefonica and ZTE Corporation sign memorandum of understanding (MOU) to jointly develop 5G technology Further company coverage: (Gdynia Newsroom)
* Shareholders of GC have now committed to purchase $10 million of GGAC shares in public market.
* Package includes more than 8,000 network sites to new rival
LONDON, June 10 (IFR) - The European Central Bank has started muscling into the corporate primary market, with allocation statistics on new trades showing a huge hike in central bank involvement.
LONDON, June 10 Trading in corporate bonds that could be targeted by the European Central Bank (ECB) rose sharply this week as the central bank's corporate bond purchase programme got underway, data from bond trading platform and data provider MarketAxess showed on Friday.
MEXICO CITY, June 8 The head of the Mexican unit of Spain's Telefonica, Francisco Gil Diaz, will step down at the end of June and company executive Carlos Morales will take the helm, the firm said on Wednesday.
MEXICO CITY, June 8 Francisco Gil Diaz will step down at the end of June as the head of Spain's Telefonica's Mexican business, the company said in a statement, naming Telefonica Mexico executive Carlos Morales Paulin as the new president and chief executive officer.
LONDON, June 8 (IFR) - The European Central Bank has started buying utility, insurance and telecom bonds in the secondary market as the hotly anticipated Corporate Sector Purchase Programme gets underway.
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