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

Keywords :   


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

Category:Telecommunications

Latest from this category

All news

»
23.11()PC-88015\"2D
23.11180&100m
23.11kenG
23.11ps3 CECH-4300C HDMI500
23.11 UNDERTALE PIANO SCORE
23.11MM6 BM11-SEC3 LC
23.11
23.11Blu-ray
More »