Telefónica Chile, S.A. (SNSE:CTC-B) has reportedly revived the plans for Initial Public Offering (IPO) for Telxius Telecom S.A. as stock markets recover from the United Kingdom's decision to leave the European Union. The IPO was originally planned for July, 2016. Telefónica has a growing €50 billion debt. The IPO is expected to raise up to €1.5 billion.