Telefónica reportedly mulls Tech unit sale

Spanish incumbent Telefónica is reportedly considering cashing in on its fast-growing Telefónica Tech division.
This is according to unnamed sources cited by Bloomberg, who claimed that the telco has been shopping the unit around to investment funds to see if any of them are interested in taking a stake in it.
As usual with rumours of this sort, these same sources insisted that talks are ongoing and there’s no certainty that a deal will be done. If an agreement is reached, th