Milei to Review Telefonica’s $1.25 Billion Argentina Sale
Argentina’s President Javier Milei warned Telefonica SA that his government will review the phone carrier’s plan to sell its local operations to Telecom Argentina SA for a possible breach of anti-monopoly rules.
Telefonica's Subsidiary Sells Entire Stake in Telefonica Moviles Argentina for $1.245 Billion
Telefonica's subsidiary TLH Holdco sold all its stake in Telefonica Moviles Argentina and the entire share capital of its operation to Telecom Argentina for $1.245 billion. The Spanish telecommunications company said late Monday that the signing and closing of the transaction took place simultaneously the same day.
Telefónica sells Argentinian unit to Telecom Argentina for $1.25 bn
Telefónica has announced the sale of its Argentina to Telecom Argentina for $1.25 billion. In a short statement released yesterday, the company said that it has “reached an agreement with Telecom Argentina to sell all of its shares in the share capital of Telefónica Argentina.
Spain's Telefonica sells unit in Argentina for $1.245 billion
MADRID (Reuters) -Spanish telecoms company Telefonica has agreed to sell its unit in Argentina for $1.245 billion to Telecom Argentina as part of its strategy to gradually reduce its exposure to Latin America,
Telefónica to sell Argentinian unit to Telecom Argentina for $1.2bn
Spanish telecoms giant Telefónica has struck a deal to sell its Argentinian unit to Telecom Argentina for $1.245 billion. It follows reports last month that the carrier was in talks with both international and domestic suitors for the business.
Spain's Telefonica sells Argentina subsidiary for $1.2 bn
Spanish telecommunications giant Telefonica agreed to sell its Argentine subsidiary to Telecom Argentina for $1.2 billion on Monday, prompting libertarian President Javier Milei's government to ...
Spain's Telefonica sells Argentina unit for $1.25 billion
MADRID, Feb 24 (Reuters) - Spanish telecoms company Telefonica (TEF.MC), opens new tab has sold its unit in Argentina for $1.245 billion to Telecom Argentina (TECO2m.BA), opens new tab as part of ...
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Telecom Argentina acquires Telefónica’s Argentine operation
The Argentine government announced that it will investigate the acquisition of Telefónica by Telecom to determine whether it creates a monopoly.
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Argentine gov't steps in as Telefónica's buy-over results in possible monopoly
The Argentine Administration of President Javier Milei announced Monday that the buy-over of Telefónica de Argentine by ...
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Telefonica Argentina exit deal draws scrutiny
Telefonica struck a deal to sell its unit in Argentina to Telecom Argentina for $1.3B, though the move is being assessed over ...
Telefonica's new chief calls for European consolidation amid strategic review
Spain's Telefonica posted on Thursday a 42% slump in fourth-quarter net profit to 425 million euros ($446 million) from 730 ...