Telxius is Selling Its Cables. Here’s What Potential Buyers Are Assessing.
Global infrastructure company Telxius wants to sell its subsea cable business.
The announcement comes as Telxius majority shareholder Telefónica continues to restructure.
Telefónica has moved out of Central American markets en masse, created new technology and infrastructure units, and, in November 2019, announced an action plan outlining priorities for the changing company.