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Telefonica (NYSE:TEF) says it will move forward to divest its call center business Atento and is...

Jul. 11, 2012 5:46 AM ETTelefónica, S.A. (TEF) StockTEFBy: Rachael Granby, SA News Editor
Telefonica (NYSE:TEF) says it will move forward to divest its call center business Atento and is studying offers; reports suggest the sale could bring in €750M-850M, well below the amount sought last year when Telefonica failed in its attempt to float the unit.

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