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Telefonica sells Guatemala, El Salvador units to America Movil for EUR 570 mln

2019-01-25 09:19:00| Telecompaper Headlines

(Telecompaper) America Movil has announced a deal to acquire Guatemala and El Salvador operations from Telefonica for a total of EUR 570 million. In a short statement, the Mexican telecommunications giant said it paid EUR 293 million for 100 percent of Telefonica's Guatemalan assets and EUR 277 million for 99.3 percent of Telefonica El Salvador. The transaction is subject to customary closing conditions, including regulatory approval for the El Salvador deal. It added that the acquisitions will boost its position in Central America, where it plans to provide next-generation services including 5G.

Tags: eur america units salvador

 

Telefonica confirms it is considering Central American divestments

2019-01-24 01:00:00| Total Telecom industry news

Spanish telecoms giant, Telefonica, has confirmed that it is in talks to divest its assets in Central America.  Spanish language newspaper El Economista reported early last week that Telefonica was in talks to sell off its assets in El Salvador and Guatemala for around $600 million…read more on TotalTele.com »

Tags: american central confirms telefonica

 
 

Telefonica, Vodafone look to expand UK network partnership to include 5G

2019-01-23 11:08:00| Telecompaper Headlines

(Telecompaper) Telefonica UK (O2) and Vodafone have agreed non-binding heads of terms to expand their existing network sharing partnership to include 5G at join radio network sites. This would allow the operators to deploy 5G faster and provide services to more customers over a wider geographic area, at lower cost.

Tags: to include network expand

 

Telefonica confirms discussions to sell Central American assets

2019-01-23 09:22:00| Telecompaper Headlines

(Telecompaper) Telefonica announced that it's in the process of negotiating the sale of its Central American assets, confirming recent reports. The sale could be "related to either all or some of those assets," said the company in a brief statement to Spanish markets watchdog CNMV, adding that no agreement has yet been reached.

Tags: american central sell discussions

 

Telefonica looks to sell out of Central America for $600m

2019-01-17 01:00:00| Total Telecom industry news

Telefonica is considering exiting its positions in Guatemala and El Salvador, in a move that could generate $600m for the Spanish based telco.  Telefonica is present in both markets through its Movistar brand…read more on TotalTele.com »

Tags: central sell america telefonica

 

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