FOXBusiness.com: Telefonica surprises with signs of Spanish turnaround

FOXBusiness.com FOX Business Network - The Power to Prosper

Telefonica surprises with signs of Spanish turnaround Feb 28th 2013, 18:38 Spain's Telefonica , Europe's biggest telecoms provider, showed signs of a turnaround on Thursday in its battered home market after a painful restructuring and shelved plans to float Latin American assets as a result of successful debt reduction.

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