Telefónica finalises another Hispam exit with €389m Uruguay sale

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Source: Telefónica Uruguay

Telefónica to sell Uruguayan business to Millicom International Cellular for US$440m (€389m), as Hispam disposals are accelerated to fuel Group’s consolidation ambitions in Spanish and European markets.

This article includes:

  • Organisations: ARCOTEL; BBVA; Cerberus Capital Management; Claro Chile; Entel; GSM Association (GSMA); Grupo Clarin; Integra Tec International; JPMorgan; Liberty Latin America; Millicom International Cellular; Movistar; Otecel; Panama Agency for Regulation & Control of Telecoms; Tigo Colombia; Telefónica Brasil; Telefónica Chile; Telefónica Colombia; Telefónica Ecuador; Telefónica Group; Telefónica Hispanoamérica (Hispam); Telefónica Peru; Telefónica Uruguay; Telefónica Venezuela; Telecom Argentina; Virgin Media O2 (VM O2); White & Case; WOM.
  • Geographies: Argentina; Bolivia; Brazil; Chile; Colombia; Costa Rica; Ecuador; El Salvador; Guatemala; Honduras; Latin America; Nicaragua; Paraguay; Peru; Uruguay; Venezuela.
  • People: Pierre Alain Allemand; José María Álvarez-Pallete; Marcelo Benitez; Tom Leins; Marc Murtra; Edgardo Novick; 
  • Themes: 5G; Acquisitions; Artificial intelligence (AI); Automation; Broadband; Cloud; Consolidation; Convergence; Digital customer experience; Digitalisation; Divestment; Edge computing; Fibre (FTTP); Infrastructure; Investment; Legacy network shutdown; Mergers and acquisitions (M&A); Mobile services; Mobile virtual network operators (MVNO); Network architectures; Network management; Network sharing; Operational efficiencies; Radio access networks; Regulation; Spectrum; Strategy; Synergies.

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