September 29, 2016 / 2:41 PM / a year ago

Spain's Telefonica considering postponing listing of Telxius: Bloomberg

MADRID (Reuters) - Spain’s Telefonica (TEF.MC) is close to postponing a listing of Telxius IPO-TT.MC, its telecom masts business, due to weak investor demand, Bloomberg reported on Thursday.

The logo of Spain's Telefonica is seen on its headquarters outside Madrid, February 25, 2015. REUTERS/Juan Medina/File Photo

The Spanish phone company had not yet made a final decision on the IPO, people familiar with the situation told Bloomberg.

Telefonica declined to comment.

Reporting By Andrés González; Writing by Jesús Aguado; Editing by Angus Berwick

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