Market Chatter: Spain's Telefónica Reportedly Mulls Venezuelan Unit Sale

05:12 AM EDT, 09/25/2026 (MT Newswires) -- Telefónica (TEF.MC) is reportedly considering selling its Venezuelan unit as part of plans to exit the country within the next year, Bloomberg News reported Friday, citing unnamed sources. The Spanish telecommunications group has been approached by interested parties but is awaiting the right window to launch a sales process, the report said. A potential sale would require approval from the US and Venezuelan administrations, Bloomberg added. Telefónica did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)