February 23, 2017 / 10:12 AM / 6 months ago

BRIEF-Telefonica to focus on organic deleveraging, keep M&A options open

Feb 23 (Reuters) - Spain's Telefonica Chief Financial Officer Angel Villa:

* Says: "We're going to focus on organic cash flow generation and organic deleveraging ... but M&A, if conditions are right, if it creates value and makes strategic sense, will also play a role in our efforts" Further company coverage: (Madrid Newsroom)

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