Telefónica collapses on the stock market after Vodafone’s agreement with 1&1 in Germany

Telefónica suffers a setback of double standards. The agreement between 1&1 and Vodafone for an exclusive alliance of national ‘roaming’ in the long term causes a stock market collapse in the Spanish ‘teleco’, which leaves more than 7% and leads the falls of the Ibex 35. The company chaired by Jo Se María Álvarez-Pallete is trading at 3.54% euros with just over two hours to go before the market closes in Spain.