UPDATE 2-Spain's Telefonica says eyeing deal in Mexico
July 30, 2014 at 12:20 PM EDT
MADRID/MEXICO CITY July 30 (Reuters) - Spain's Telefonica confirmed on Wednesday it in talks over a possible deal in Mexico, where for years it has tried to take market share from Carlos Slim's America Movil, after a report said it was close to buying mobile company Iusacell.