I got greedy and bought into TEF for the 18% dividend. I've been holding this POS for a long time. I'm trying to think up a scenario where this get's turned around and I'm coming up blank. Anyone have an idea?
I can't believe someone has not tried to buy TEF out. With the US market saturated, you'd think that ATT and VZ would be interested in acquiring a major footprint in Latin America. TEF should at least spin those assets off into a separate company. Vodafone is sitting on a ton of cash an is now out of the US market via the sale of its stake in VZ wireless. shouldn't they be looking at this?