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Telefonica earnings hit $3.4 Telefonica earnings hit $3.4 billion in Q1 amid merger between rivals Masmovil and Orange in Spain in Q1 amid merger between Spanish rivals Masmovil and Orange

Telefonica’s ownership structure is also changing, with Saudi Telecom acquiring a 9.9% stake in September for $2.25 billion.

Clara Hernanz Lizarraga

CEO Marc Puig plans to raise $2.8 billion in an IPO that could give the group a market value of €13.9 billion. The IPO would add the Puigs to the...

Renewcell’s demise highlighted the magnitude of the challenge ahead for the world’s biggest fashion brands as they aim to replace millions of tons...