Telefónica said to hold off on Venezuela exit amidst uncertainty
Spanish group reportedly hits pause button on Venezuela divestment as it awaits economic and political clarity, in the hope of attracting more buyers and increasing the valuation of its local assets…
This article includes:
- Organisations: Argentina Telecom; Beyond ONE; ENI; Integra Tec; Maurel & Prom; Paradise Mobile; Repsol; Starlink; Telefónica Chile; Telefónica Colombia; Telefónica Ecuador; Telefónica Group; Telefónica Hispanoamérica (Hispam); Telefónica Mexico; Telefónica Peru; Telefónica Uruguay; US government; Virgin Mobile Latin America.
- Geographies: Americas; Argentina; Brazil; Chile; Colombia; Ecuador; Europe; France; Germany; Italy; Latin America; Mexico; North America; Peru; Spain; United Kingdom (UK); United States of America (USA); Uruguay; Venezuela.
- People: Nicolás Maduro; Marc Murtra; Elon Musk; Delcy Rodriguez; Donald Trump.
- Themes: Accounting losses; Administration stability; Approval process; Asset valuations; Buyer interest; Divestment; Due diligence; Energy exports; Foreign exchange controls; Hyperinflation; International investment; Leadership transition; Market exit; Mergers and acquisitions (M&A); Military strikes; Political uncertainty; Profit repatriation; Regulation; Satellite; Strategic withdrawal.
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