UPDATE 1-Telefonica to sell phone masts in Germany to Telxius for 1.5 bln euros
June 08, 2020 at 14:14 PM EDT
Telefonica's German division has signed a deal to sell thousands of phone masts for 1.5 billion euros, the latest move by a telecom operator to generate cash from its assets in preparation for investment in next-generation 5G internet.