All Central America articles
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Public AffairsTelefónica bests Millicom in Costa Rica sale lawsuit
Millicom pulled up in New York for arbitrary and opportunistic behaviour; nine-digit compensation mooted; fallout appears localised with newer partnership elsewhere…
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Partnerships & AlliancesTelxius partners América Móvil on new subsea cable
Providers work with Alcatel Submarine Networks on deployment of Tikal subsea cable.
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M&ATelefónica concludes Central American exit with El Salvador sale
General International Telecom’s $139m transaction completed. Sale goes through at the second attempt after an agreement with América Móvil collapsed in 2019.
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M&AGroup’s Central America withdrawal complete
El Salvador’s Superintendencia de Competencia gives Group green light to exit the market through transaction announced with General International Telecom in autumn. No conditions attached to approval, unlike earlier deal with América Móvil that ended up collapsing. Deal is final of five regional sales by Group.
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M&ATelefónica’s El Salvador sale under review by regulator
$144m deal cannot go ahead without authorisation. SC has 90 business days to reach a decision.
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M&ATelefónica sells El Salvador unit at the second attempt
Honduran financiers acquire Telefónica El Salvador for a cut-price $144m following breakdown of negotiations with América Móvil in 2020. Move completes Telefónica’s exit from Central America.
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Strategy & ChangeTelefónica hits ground running with restructuring plans
Hispanoamérica expected to be put on a par with Partners Program operators as Group prepares for sale and encourages local independence. Latin American billionaires float a majority stake acquisition of local assets, with Telefónica a minority shareholder, but individual OB sales still a prospect. Morgan Stanley working on Telefónica ...