Asset sale will help fund Bellsouth stake in AT&T

US phone company BellSouth has agreed to sell its Latin American wireless assets to Telefonica of Spain for about $5.9bn.(€4.77bn)

Asset sale will help fund Bellsouth stake in AT&T
Mon, 08 Mar, 2004 - 17:06

US phone company BellSouth has agreed to sell its Latin American wireless assets to Telefonica of Spain for about $5.9bn.(€4.77bn)

The deal brings to an end nearly 12 months of negotiations.

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