Telefónica has sold a 1.51% stake in China’s second-largest mobile operator China Unicom for HK$2.8bn (US$361m), keeping a stake of about 1%, in an effort to cut its debt load, according to a stock exchange filing. Spanish telco Telefónica (MAD:TEF) has sold a 1.51% stake in China’s second-largest mobile operator China Unicom (NYSE:CHU) for HK$2.8bn (US$361m), in an effort to cut its […]
