Spain's Telefonica sells unit in Argentina

Milei to Review Telefonica’s $1.25 Billion Argentina Sale
Argentina’s President Javier Milei warned Telefonica SA that his government will review the phone carrier’s plan to sell its local operations to Telecom Argentina SA for a possible breach of anti-monopoly rules.
Spain's Telefonica sells unit in Argentina for $1.245 billion
MADRID (Reuters) -Spanish telecoms company Telefonica has agreed to sell its unit in Argentina for $1.245 billion to Telecom Argentina as part of its strategy to gradually reduce its exposure to Latin America,
Telefonica's Subsidiary Sells Entire Stake in Telefonica Moviles Argentina for $1.245 Billion
Telefonica's subsidiary TLH Holdco sold all its stake in Telefonica Moviles Argentina and the entire share capital of its operation to Telecom Argentina for $1.245 billion. The Spanish telecommunications company said late Monday that the signing and closing of the transaction took place simultaneously the same day.
Spain's Telefonica sells Argentina subsidiary for $1.2 bn
Spanish telecommunications giant Telefonica agreed to sell its Argentine subsidiary to Telecom Argentina for $1.2 billion on Monday, prompting libertarian President Javier Milei's government to announce an investigation over competition concerns.
Telefónica’s US$1.25-billion Argentina sale draws Milei’s scrutiny
Telefónica agrees to sell its operations in Argentina to Telecom Argentina SA for US$1.25 billion, drawing a warning for President Javier Milei's government that it will review the transaction.
Telefónica sells its Argentine subsidiary to Telecom for 1.245 billion dollars
Telefónica has sold its subsidiary in Argentina to the competing group Telecom for 1.245 billion dollars, in which the media group Clarín is involved. The
Milei pledges antitrust probe after Telefónica sells Argentina unit
Telefónica will sell its entire 100 per cent stake in its mobile, pay TV and broadband business to Telecom Argentina, in which Grupo Clarín holds a 40 per cent stake and Mexican investor David Martínez holds another 40 per cent, for $1.25bn in cash. The business does not carry significant amounts of debt.
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Telefónica to sell Argentinian unit to Telecom Argentina for $1.2bn
Spanish telecoms giant Telefónica has struck a deal to sell its Argentinian unit to Telecom Argentina for $1.245 billion. It ...
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Telefonica Argentina exit deal draws scrutiny
Telefonica struck a deal to sell its unit in Argentina to Telecom Argentina for $1.3B, though the move is being assessed over ...
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Milei vows ‘monopoly’ probe as Telefónica sells to Clarín
Spanish telecoms giant Telefónica announces US$1.25-billion deal to sell subsidiary to Telecom Argentina; Milei vows ...
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Argentine gov't steps in as Telefónica's buy-over results in possible monopoly
The Argentine Administration of President Javier Milei announced Monday that the buy-over of Telefónica de Argentine by ...
Telecom Argentina upgraded to Neutral from Underweight at JPMorgan
JPMorgan upgraded Telecom Argentina (TEO) to Neutral from Underweight with a price target of $13, up from $10. The company’s acquisition of ...
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Telecommunications. Thanks to the deregulation of Milei Telecom Argentina, he tripled his profits in 2024
This Monday, the purchase of Telefónica Argentina by the Clarín Group, through Telecom. The Spanish company detached from its ...
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Telefónica seeks buyer for its Mexican business: Report
Spanish telecommunications giant Telefónica has hired investment bank JP Morgan to oversee the sale of its Mexican business, according to a report by financial newspaper Cinco Días, which cited ...