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Telefónica’s Hispam hand-off reaches Ecuador
Telefónica continues to beat hasty Hispam retreat with deal to sell Ecuadorian business: its fifth sale of the year and third involving an offload to regional rival Millicom International Cellular.
This article includes:
- Organisations: Citi; Claro Ecuador; Integra Tec International; JP Morgan; Liberty Global; Millicom International Cellular; Telecom Argentina; Telefónica; Telefónica Argentina; Telefónica Chile; Telefónica Colombia; Telefónica Ecuador; Telefónica Peru; Telefónica Uruguay; Virgin Media O2; Vodafone Spain.
- Geographic: Ecuador; Hispanoamérica; Spain.
- People: Daniel Noboa; Emilio Gayo; Marc Murtra.
- Themes: Asset divestment; Balance sheet strengthening; Competitive intensity; Data centre investment; Debt reduction; Economic challenges; Mergers and acquisitions; Mobile market; Political risk; Regulatory approval; Strategy shift.
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