--- title: "Telefónica Sells Colombia Telecom Stake to Millicom, Cutting Debt by €1.55 Billion" description: "Telefónica has sold its 67.5% stake in Colombia Telecomunicaciones to Millicom for $214 million, reducing its net financial debt by approximately €1.55 billion. This divestment is part of Telefónica's" type: "news" locale: "en" url: "https://longbridge.com/en/news/275299157.md" published_at: "2026-02-09T10:04:43.000Z" --- # Telefónica Sells Colombia Telecom Stake to Millicom, Cutting Debt by €1.55 Billion > Telefónica has sold its 67.5% stake in Colombia Telecomunicaciones to Millicom for $214 million, reducing its net financial debt by approximately €1.55 billion. This divestment is part of Telefónica's strategy to streamline its operations in Latin America and focus on core markets. The sale may impact competitive dynamics in the Colombian telecom market as Millicom consolidates control. Analysts currently rate TELFY stock as a Sell with a price target of $3.40. ### Valentine's Day Sale - 70% Off - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential Telefonica ( (TELFY) ) has provided an announcement. Telefónica has completed the sale of its entire 67.5% stake in Colombia Telecomunicaciones S.A. E.S.P. BIC to Millicom Colombia Holdings SAS for $214 million, following receipt of regulatory approvals and fulfillment of closing conditions. The divestment, which cuts the group’s net financial debt by about €1.55 billion, advances Telefónica’s ongoing asset management strategy and its broader plan to exit Hispanoamérica, further streamlining its regional footprint and balance sheet. The transaction underscores Telefónica’s continued reshaping of its Latin American operations, likely strengthening its financial position and allowing greater focus on core markets and higher‑priority investments. For stakeholders, the move signals a more disciplined capital allocation approach and may influence competitive dynamics in the Colombian telecoms market as Millicom consolidates control of Colombia Telecomunicaciones. The most recent analyst rating on (TELFY) stock is a Sell with a $3.40 price target. To see the full list of analyst forecasts on Telefonica stock, see the TELFY Stock Forecast page. **More about Telefonica** Telefónica, S.A. is a major Spanish telecommunications group that provides fixed and mobile telephony, broadband, and digital services across multiple markets. Through regional subsidiaries such as Telefónica Hispanoamérica, the company has historically maintained a strong presence in Latin America, though it has been gradually refocusing its portfolio and reducing exposure in certain geographies. **Average Trading Volume:** 1,605,316 **Technical Sentiment Signal:** Hold **Current Market Cap:** $24.15B For a thorough assessment of TELFY stock, go to TipRanks’ Stock Analysis page. ### Related Stocks - [TELFY.US - TELEFONICA SA SPON ADR EACH REP 1 ORD SHS](https://longbridge.com/en/quote/TELFY.US.md) - [TIGO.US - Millicom International Cellular SA](https://longbridge.com/en/quote/TIGO.US.md) - [IYZ.US - iShares US Telecommunications](https://longbridge.com/en/quote/IYZ.US.md) - [VOX.US - VGtelecomm](https://longbridge.com/en/quote/VOX.US.md) - [TEF.US - Telefonica](https://longbridge.com/en/quote/TEF.US.md) - [XTL.US - SPDR S&P Telecom](https://longbridge.com/en/quote/XTL.US.md) - [IXP.US - ISHRS S&P Glb Telco](https://longbridge.com/en/quote/IXP.US.md) - [XLC.US - Comm Servcies Select Sector SPDR](https://longbridge.com/en/quote/XLC.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Telefonica Brasil 的業績預覽 | 西班牙電信巴西公司 (NYSE:VIV) 將於 2026 年 2 月 23 日公佈季度財報，分析師預計每股收益 (EPS) 為 0.17 美元。投資者對積極的指引抱有希望，尤其是在上個季度每股收益超出預期 0.03 美元后，導致股價下跌 5 | [Link](https://longbridge.com/en/news/276450212.md) | | 揭示潛力：Millicom International Cellular 的收益預覽 | Millicom 國際電信（NASDAQ:TIGO）將於 2026 年 2 月 26 日發佈季度財報，分析師預測每股收益（EPS）為 0.86 美元。投資者熱切期待這一公告，以獲取潛在的積極指引。上個季度，該公司每股收益未能達到預期，差距為 | [Link](https://longbridge.com/en/news/276907547.md) | | Millicom International Cellular (LON:MICC) 的內部人士購買了價值 699.72 英鎊的股票 | Millicom International Cellular 的內部人士 Abhijit Bhattacharya 於 2 月 23 日以每股 GBX 14 的價格購買了 4,998 股，總計 £699.72。這是繼之前的收購之後，包括以 | [Link](https://longbridge.com/en/news/276858241.md) | | 西班牙電信以 20 億英鎊的價格收購 Netomnia，與自由全球達成協議 | 西班牙電信（Telefonica SA）宣佈以 20 億英鎊（22.94 億歐元）收購 Netomnia。該交易將由西班牙電信和自由全球（Liberty Global）共同融資，各出資 1.5 億英鎊，西班牙電信基礎設施（Telefonic | [Link](https://longbridge.com/en/news/276239320.md) | | Zoom Communications 的財報即將發佈；這些最準確的分析師在財報電話會議前修正了他們的預測 | Zoom Communications, Inc.（納斯達克代碼：ZM）將於 2 月 25 日發佈其第四季度財報，分析師預測每股收益為 1.49 美元，收入為 12.3 億美元。Benchmark 分析師 Matthew Harrigan | [Link](https://longbridge.com/en/news/276898166.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.