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Tech Rumor of the Day: Telefonica

Stock quotes in this article: TEF , S , DT , VOD  

Updated from 12:10 p.m. EDT

A good rumor often starts with a solid -- albeit small -- nugget of information.

Here's the rumor: Telefonica (TEF Quote), the world's No. 4 wireless phone company, is making plans to for a U.S. or U.K. acquisition.

Here's the nugget of information: Telefonica is soliciting bids from four public relations agencies to handle its image in the U.S. and U.K. ...

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