(MENAFN) A top executive said that Telefonica is considering its options regarding its UK presence if more of the market moves to pushing fixed and mobile telecom services, Oman Observer reported.
Telefonica, which also considers the sale of its O2 business, said the UK business remains core but has not ruled out asset sales to meet a year-end debt target of below USD54 billion.
O2, which trails EE in Britain, was performing well, with average revenue per user growing. However, the mobile market could be shaken up by the expected return next year of BT.
"In the landscape as it stands today we are in good shape. But the position taken by BT when and if it launches in mobile will be a key event," Telefonica's chief operating officer said.
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