Updated: Industry Moves: Julio Linares Named As New Telefonica COO

Update: The official news is out — Julio Linares has been appointed COO of Telefonica, (NYSE: TEF) with all three regional business units reporting to him. At the same time, the company surprised observers with word that head of Spain Antonio Viana-Baptista is leaving for personal reasons; he’ll be replaced by Guillermo Ansaldo. More at Reuters.

Network operator Telefonica has tapped its head of planning Julio Linares to become its next CEO, according to Reuters, citing Spanish newspaper reports. Telefonica has not yet confirmed the move, and said it would release a statement later today. Spain

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