Telefonica Sells Private Jets, Becomes Less Mobile
Telefonica SA, the Spanish phone company whose net debt is bigger than its market value, plans to reduce its fleet of private jets as part of an effort to cut costs, two people familiar with the matter said.
Most Recent Videos
Full Show: Bloomberg Businessweek (05/26)
38:46 - Bloomberg Television takes you behind the scenes of our award-winning magazine "Bloomberg Businessweek." Hosts Carol Massar and Oliver Renick talk with the writers who break news on a weekly basis. (Source: Bloomberg)