Understanding the intrinsic value and market position of Telefonica SA (TEF)
(Bloomberg) -- The Spanish government is considering imposing conditions on Saudi Telecom Co.’s acquisition of a 9.9% stake in Telefonica SA similar to those placed on previous deals, such as limits on asset sales and dividend payments, according to a person familiar with the matter.Most Read from BloombergDimon Warns 7% Fed Rate Still Possible, Times of India SaysRepublican Moderates Turn to Rare Maneuver to Avoid Lengthy Government ShutdownIndians Have Five Days to Deposit $3 Billion in Soon-t
Some investors are dialing up their bets on large European telecommunications companies, but shares are struggling to recover previous highs amid a challenging near-term industry outlook due to muted top-line growth, stiff competition and heavy investments.