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Essay

Telefonica Acquires Bell South LA

Essay specific features

 

Issue:

Business

 

Written by:

Sophia P

 

Date added:

October 1, 2014

 

Level:

University

 

Grade:

C

 

No of pages / words:

4 / 950

 

Was viewed:

3363 times

 

Rating of current essay:

 
Essay content:

Telefonica, Mr Villalonga decreed, would drop "de Espana" from its name. The logic? No longer does Telefonica see Peru, Chile, Brazil and the rest of Latin America as emerging markets; they are part of its "domestic market". Mr Villalonga has a dream: to rebase Spain's privatised former telephone monopoly in the new world...
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He has even suspended Telefonica's dividend, replacing it with a share issue, so as to conserve cash for more investment in Latin America. He is pitting his dream against the collapse of many emerging economies and a 20% fall in Telefonica's net profits from Latin America in the first nine months of 1998...
displayed 300 characters

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