Sale of stake:Guatemala,Salvador,Nicaragua,Panama

RNS Number : 6990J

Telefonica SA

19 July 2013

 



TELEFÓNICA, S.A. as provided in article 82 of the Spanish Securities Market Act (Ley del Mercado de Valores), hereby reports the following

SIGNIFICANT EVENT

Following the Significant Event published on April 30, 2013, related to the agreement reached between Telefónica, S.A. (hereinafter, Telefónica) and Corporación Multi Inversiones ("CMI"), for the sale of the 40% of Telefónica´s stake in Guatemala, El Salvador, Nicaragua and Panama, Telefónica informs that the conditions to which the transaction was subject have been met.

In this regard, it is expected that in accordance with the provisions of the aforementioned agreement, the transaction will be completed in the coming days.

Madrid, July 19, 2013

 

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