FRANKFURT (Thomson Financial) - Telefonica SA is interested in buying Freenet AG's fixed-line operations, Thomson Financial News' partner agency dpa-AFX reported, citing industry sources.
Telefonica is already in talks with investment bank Morgan Stanley, which was assigned by Freenet to find a buyer for the company, the sources added.
Both companies declined to comment on the matter. christoph.steitz@thomson.com mur/cs1/mas/jlw COPYRIGHT Copyright AFX News Limited 2007. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.