BRIEF-Telefonica expects completion of O2 sale in H1 2016

miércoles 25 de febrero de 2015 06:31 GYT

Feb 25 (Reuters) - Telefonica

* Says on conference call with analysts expects to complete sale of O2 in first half of 2016, pending regulatory approval

* Says no longer looking at hybrid debt instruments given O2 sale

* Says any potential further Venezuelan devaluation to have limited effect on results

* Says sees positive evolution of margins in Spain Further company coverage: (Reporting By Sonya Dowsett, Editing by Sarah White)