• Not Likely To Be Material So Not A Spread Mover
  • Spanish-language paper El Confidencial reported this morning that Telefónica faces an SEC fine over ties with Chinese suppliers in Venezuela
  • The amount is under negotiation; author expects it to be record high for a Spanish firm.
  • Telefonica declined to comment but noted that any impact would be immaterial given the size of the group.

COMMUNICATIONS: Telefonica To Receive SEC Fine; Not A Spread Mover

Last updated at:Mar-25 10:34By: Niall Madigan



  • Not Likely To Be Material So Not A Spread Mover
  • Spanish-language paper El Confidencial reported this morning that Telefónica faces an SEC fine over ties with Chinese suppliers in Venezuela
  • The amount is under negotiation; author expects it to be record high for a Spanish firm.
  • Telefonica declined to comment but noted that any impact would be immaterial given the size of the group.