Telefonica (TEF) agrees to sell call-center unit Atento to Bain Capital for €1.04B ($1.34B)...

|About: Telefonica S.A. (TEF)|By:, SA News Editor

Telefonica (TEF) agrees to sell call-center unit Atento to Bain Capital for €1.04B ($1.34B) as part of its strategy of divesting assets to cut its massive €57B debt mountain. The sale comes just over a week after Telefonica said it plans to list its German mobile O2 subsidiary.