We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Terra firmer

28 May 2003

The Spanish incumbent thinks it can boost ebitda by E269m over three years by turning its ISP subsidiary into a division of the company. Its offer values those extra earnings at a healthy premium to Telefonica’s own multiple. Terra shareholders would be brave to resist.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)