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O2 UK Next For Telefónica's Debt Reduction

The main aim of Telefónica selling a stake of Telxius is to reduce its debt, the highest amongst the five major European operators. Even if the fee received is small, it will increase confidence in the operator's plan to gain a healthier financial footing. O2 UK is likely to be next, as Telefónica continues to transform itself into a company focusing primarily on digital services.

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Analysts

Amy Cameron

Head of ICT Research
Information Technology | London

Laura Holland

Head of Research Projects
Technology | New York

Andrew Kitson

Senior Analyst, ICT
Information Technology | London
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