Brazil Stock Sale of Telefonica S.A. (ADR) (NYSE:TEF) Dictates More Opportunities For Purchase

Boston, MA 09/02/2014 (wallstreetpr) – A lot of people questioned when Telefonica S.A. (ADR) (NYSE:TEF) decided to sell the shares of its Brazilian plant to finance the acquisition transaction of broadband provider GVT. The total cost of this acquisition is around 7.45 billion-euro ($9.8 billion). Although the company’s decision to sell its Brazilian plant stocks […]