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Telefonica (TEF -0.3%) is thinking of selling its German wireline ops, Bloomberg reports. One...

Apr. 25, 2013 9:47 AM ETTelefónica, S.A. (TEF) StockVOD, TEF, LBTYA, KKPNYBy: Eric Jhonsa, SA News Editor
Telefonica (TEF -0.3%) is thinking of selling its German wireline ops, Bloomberg reports. One source adds Telefonica, which has been eying asset sales to pare its debt load, is open to sharing its mobile network with a rival or merging the business with KPN's (OTCPK:KKPNY) E-Plus unit. Vodafone (NASDAQ:VOD), which seems intent on growing its German wireline presence, is a logical buyer for the wireline business, which claims 2.4M broadband subs and has an estimated value of €2B ($2.6B). Liberty Global (NASDAQ:LBTYA), reportedly eying Kabel Deutschland, is another possibility.

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