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Telefonica finally offloads El Salvador unit

2021-10-18 02:00:00| Total Telecom industry news

In late 2019, Telefonica announced that it was undergoing a major strategic shift in and, in an attempt to reduce its debt, would be withdrawing from a number of markets to focus on its core businesses in Spain, the UK, Germany, and Brazil.  Since then, the operator has divested of numerous business units throughout Latin America…read more on TotalTele.com »

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Telefonica agrees to sell Movistar El Salvador for EUR 125 mln

2021-10-15 10:54:00| Telecompaper Headlines

(Telecompaper) Telefonica has announced an agreement to sell its mobile telecommunications assets in El Salvador to UK-based investment fund General International...

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Bitcoin protests in El Salvador against cryptocurrency as legal tender

2021-09-16 02:55:53| BBC News | Business | UK Edition

The demonstrators burn Bitcoin machines, a week after the cryptocurrency became legal tender.

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Fear and excitement in El Salvador as Bitcoin becomes legal tender

2021-09-07 10:06:25| BBC News | Business | UK Edition

Millions of Salvadorians are expected to download a digital wallet app with $30 of free Bitcoin.

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World Bank rejects El Salvador request for Bitcoin help

2021-06-17 05:43:55| BBC News | Business | UK Edition

This month the country announced plans to become the first nation to make the cryptocurrency legal tender.

Tags: help world request bank

 

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