Post by Telefónica

Telefónica has reached an agreement for the sale of 100% of the share capital of Telefónica México to Melisa Acquisition, LLC (a consortium led by OXIO Inc. and Newfoundland Capital Management), for a firm value of USD 450 million (approximately EUR 389 million at the current exchange rate). This transaction is part of the Telefónica Group's asset portfolio management policy and is aligned with its strategy of exit from Hispanoamerica.