Telefónica’s recent release of a green bond, valued at €1,750 million, experienced an impressive demand. The bond’s oversubscription tripled, indicating keen investor interest in the telecommunication giant’s ecological endeavors. The bond, which will fund projects aimed at modernizing both fixed and mobile telecom networks, is aligned with Telefónica’s goal of dedicating roughly 40% of total funding to ESG criteria by 2026, underpinning the company’s pledge to integrate environmental and financial sustainability.
Latest Posts:
- How can VoIP improve customer support?
- A quick roundup of the news in Telecoms | Week #20
- AT&T Advances Satellite Direct-to-Phone Services with AST SpaceMobile Agreement
- Deutsche Telekom Posts Strong Q1 Financial Results
- Boldyn Networks Expands US Presence with Apogee Telecom Acquisition
- BT Group Reports Mixed Financial Results Amid Cost-Cutting Measures
- VMO2 and CCS Forge Partnership to Boost UK Public Sector
- Quickline Connects First Homes to Project Gigabit Network in Yorkshire
- Deutsche Telekom Boosts Global Wholesale Services with New Digital Offerings
Tag