Telefonica Could Invest in Data Centers to Get Approval for Mergers, FT Says, Citing Sources

Dow Jones

Jun 11

-- Telefonica could invest in data centers and cyber security services to convince European regulators to approve telecoms mergers, as the Spanish company aims to lead consolidation on the continent, the Financial Times reports, citing unnamed sources.

-- The Madrid-based group is hoping that a pledge to make specific investments in key digital infrastructure will help convince the European Commission that fewer, larger telecoms operators can boost the bloc's technological resilience, according to the FT.

-- Telefonica declined to comment to FT.

Full story: https://shorturl.at/PymiI

Write to Nina Kienle at nina.kienle@wsj.com

(END) Dow Jones Newswires

June 11, 2025 01:19 ET (05:19 GMT)

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