15th Sep 2005 17:52
Telefonica SA15 September 2005 Madrid, September 15th, 2005 Telefonica, S A (the "Company") In response to the request of the Panel on Takeovers and Mergers, the Companynotes the recent press reports concerning its acquisition strategy and possibleacquisition targets (including 02 plc) following the responses of Mr Alierta,the Chairman of Telefonica S A, to various questions after thetelecommunications businesses integration conference held at the SummerUniversity of Santander on 05 September 2005. The comments regarding 02 plc were of a general nature and related to theprofile of companies which would add value to the Company. Telefonica S A has not commented on and does not wish to comment on the possibility of acquiring any particular potential target or targets in Europe or elsewhere. The Company is also pleased to announce that it continues to be interested bythe opportunities in South America, notably in Colombia, in the fixed lineoperation domestic companies, and that such opportunities are now being analysed. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
TDE.L