Telefónica cleared to exit Uruguay

tfw197_uruguay-exit

Source: Unsplash / Guilherme Hellwinkel

Uruguayan government clears path for Telefónica to close sale of local business to Millicom, furthering the Spanish group’s busy deal-making agenda.

This article includes:

  • Organisations: ANTEL; Communications Services Regulatory Unit; Liberty Global; Millicom International Cellular; National Directorate of Telecommunications and Audiovisual Communication Services; Telefónica Group; Telefónica Hispanoamérica (Hispam); Telefónica Móviles del Uruguay; Telefónica|Vivo; Virgin Media O2 (VM O2); Vodafone Spain.
  • Geographies: Argentina; Bolivia; Brazil; Chile; Colombia; Costa Rica; Ecuador; El Salvador; Europe; Germany; Guatemala; Honduras; Luxembourg; Mexico; Nicaragua; Panama; Paraguay; Peru; Spain; United Kingdom (UK); Uruguay; Venezuela.
  • People: Fernanda Cardona; Yamandú Orsi.
  • Themes: Asset sales; Capital raise; Dealmaking; Expansion; Financial platform; Joint ventures; Market consolidation; Market share; Mergers and acquisitions (M&A); Real estate; Regulation; Stake sale; Strategy; Telecoms; Transactions.

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