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Telefónica Colombia sells 627 rooftop sites for just over 40 million

MADRID, 3 Oct.

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Telefónica Colombia sells 627 rooftop sites for just over 40 million

MADRID, 3 Oct. (EUROPA PRESS) -

Telefónica Colombia has formalized the sale of 627 rooftop telecommunications sites for 188,100 million Colombian pesos (just over 41 million euros at exchange rate), as notified to the Colombian stock market.

These sites are lifting structures that are installed on roofs and terraces for the installation of telecommunications equipment.

The company had already sold another 400 sites of these characteristics last August for 117,687 million Colombian pesos (26 million euros).

These operations are part of the "efficient resource allocation program" so that the company has greater financial flexibility, as explained by the Telefónica subsidiary in the South American country in a notification to the market.