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Millicom withdraws from USD 570 mln acquisition of Telefonica Costa Rica
2020-05-04 08:29:00| Telecompaper Headlines
(Telecompaper) Millicom confirmed it has pulled out of a USD 570 million agreement to acquire Telefonica's mobile telecommunications assets in Costa Rica, paving the way for possible legal action from the Spanish operator. In a brief statement, Millicom said it exercised its right to terminate the Share Purchase Agreement (SPA) on the grounds that Telefonica had failed to secure "required regulatory approvals that were agreed by the parties and set forth in the SPA, certain of which have not yet been issued," without providing further details.
Tags: costa
usd
rica
acquisition
Millicom terminates Telefónica Costa Rica purchase agreement
2020-05-02 16:30:59| Digital TV News
Millicom International Cellular has announced that it has exercised its right to terminate the Share Purchase Agreement (SPA) for the acquisition of Telefónicas operating subsidiary in Costa Rica in accordance with the terms of the SPA.
Tags: agreement
purchase
costa
rica
Telefonica squabbles with Millicom over Costa Rica unit takeover
2020-04-30 02:00:00| Total Telecom industry news
Back in February 2019, Telefonica signed a significant deal for the sale of its Costa Rican, Panamanian and Nicaraguan units for a total of $1.65 billion. At first, the takeover process went smoothly, with the transfer of the Nicaraguan assets complete by May and the Panamanian unit by August…read more on TotalTele.com »
Tags: unit
costa
rica
costa rica
K-C Invests in Costa Rica
2019-09-10 17:04:00| Nonwovens Industry Breaking News
$40 million investment will expand production of baby care and fem hy products
Costa Rica TV subscriptions up 6.2% in 2018
2019-08-01 17:00:50| Digital TV News
Costa Rica's Superintendencia de Telecomunicaciones (SUTEL) has releases statistics for the country's telecoms market in 2018. Costa Rica finished 2018 with 884,000 pay TV subscribers. The market grew by 52,000 (6.2%) over the year.
Tags: costa
rica
subscriptions
costa rica
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