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Tag: salvador
America Movil aborts deal to acquire Telefonica's El Salvador unit
2020-09-04 09:20:00| Telecompaper Headlines
(Telecompaper) America Movil has announced the termination of its deal to acquire 99.3 percent of Telefonica's Movistar El Salvador unit due to the strict anti-trust conditions imposed by the country's competition watchdog. The decision is by mutual agreement and comes "after careful consideration by both parties of the conditions to obtaining regulatory approval established by the Superintendencia de Competencia in their recent ruling on the proposed transaction," said the Mexican telecommunications giant in a statement.
Tags: america
unit
deal
salvador
El Salvador apparel makers fear tax crackdown
2020-08-24 16:10:00| Daily apparel & textile news and comment - from just-style.com
El Salvador's apparel manufacturers are fearing a tax crackdown after the government seized leading maker Intratex over alleged tax evasion and has threatened to raid others over the same reasons.
Tags: tax
apparel
fear
salvador
El Salvador imposes strict conditions on America Movil's request to buy Telefonica assets
2020-08-19 10:01:00| Telecompaper Headlines
(Telecompaper) El Salvador's antitrust regulator Superintendencia de Competencia has provisionally approved America Movil's request to acquire Telefonica's operations in El Salvador on acceptance of a series of anti-trust conditions. In a statement, the watchdog cautioned that Claro El Salvador's increased market share could give rise to "limits on competition" and the operator must therefore rule out the future use of spectrum currently used by Telefonica's Movistar unit in the country. The portions include 25 MHz with national coverage in the 850 MHz band and a further 30 MHz in the 1900 MHz band.
Tags: conditions
buy
request
america
Claro gets one step closer to Telefonica unit acquisitions in El Salvador
2020-08-19 02:00:00| Total Telecom industry news
America Movil’s Claro has been looking to purchase two of Telefonica’s units in El Salvador since May last year, but fears around the deal stifling competition have slowed the process…read more on TotalTele.com »
Tags: step
unit
salvador
closer
Flynet delivers OTT content with Viaccess-Orca DRM in El Salvador
2020-07-09 10:30:03| Digital TV News
Viaccess-Orca has announced that Flynet, an ISP in El Salvador, is using its multi-DRM for content protection. Using the solution, Flynet can securely deliver live OTT channels to subscribers on every screen.
Tags: content
salvador
delivers
drm