Companies seeking $1 billion for Spanish operator

Saudi telco STC acquired a 9.9 percent stake last year

Might have been optimistic with its switch-off date

Won three of the four contracts up for grabs

30 MHz of spectrum in the 3.5 GHz band is up for grabs

Now owns more than five percent of telco

SEPI will eventually take 10 percent holding

Solar cells and a highly efficient fuel cell are able to generate sustainable electricity on-site

Telco also deploy off-grid cell tower in Kirtorf

The entity will be a subsidiary of Virgin Media O2

Up from 71.81 percent

Transaction is split into two tranches

He was executive chairman for 16 years

Telco confirms expected cuts will go ahead

Said the acquisition will provide "greater shareholding stability for the company"

Hasn't formally approached Oi as of yet

Hopes to break the US hyperscaler cloud monopoly

Expected to raise $500 million

More reports from unions of job cuts at the Spanish telco

The agreement is expected to be enough to push the merger through

Number of jobs set to go, not yet known

And its third green bond this year

Wants to buy out the 28 percent of Telefónica Deutschland (O2) that it does not own

The deal is expected to complete in the first half of next year