Telefonica SA has approached Vodafone Group Plc about a potential deal involving internet broadband networks in Spain, as the British telecom firm reviews options for the unit.

Telefonica has presented various alternative proposals to Vodafone in talks in recent months, the Madrid-based firm’s Chief Operating Officer Angel Vila said in an interview. “The ball is now in their court,” he said.

Up Next

Telefonica Has Approached Vodafone on Spanish Broadband Deal