Focus: How Saudis quietly built influence at Spain’s Telefonica
Reuters STC hopes the ties with Telefonica will help it develop digital cities in Saudi Arabia, importing technological know-how from
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telefonica
Spain scrutinising Saudi stake in ‘strategic’ Telefonica
Madrid (Reuters) – Spain is analysing Saudi Arabian group STC’s purchase of a 9.9% stake in Telefonica (TEF.MC) to ensure its strategic
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