Telefónica’s Colombian exit edges closer as gov offloads stake
Colombia’s Ministry of Finance approves the sale of the government’s stake in Telefónica’s local operating business. The divestment sees the Group move closer to an exit from the country, as well as the wider Hispam region…
This article includes:
- Organisations: America First; Beyond ONE; EPM; Integra Tec; Millicom International Cellular; Paradise Mobile; Starlink; Superintendencia de Industria y Comercio (SIC); Telefónica Chile; Telefónica Colombia; Telefónica Group; Telefónica Hispanoamérica (Hispam); Telefónica Mexico; Telefónica Peru; Telefónica Venezuela; Tigo Colombia; US government; Virgin Mobile; WOM.
- Geographies: Argentina; Chile; Colombia; Ecuador; Europe; Latin America; Mexico; Spain; United Kingdom (UK); United States of America (USA).
- People: Nicolás Maduro; Elon Musk; Delcy Rodriguez; Donald Trump.
- Themes: Acquisitions; Asset divestment; Buyout; Competition regulation; Connectivity services; Corporate exits; Due diligence; Employee shareholding; Financial results; Government stake sale; Market consolidation; Mergers and acquisitions (M&A); Mobile operators; Privatisation; Regulatory approval; Satellite connectivity; Share valuation; Spectrum assets; Stake purchases.
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