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General

America Movil files new application to buy Telefonica's El Salvador unit

Thursday 31 October 2019 | 11:29 CET | News
America Movil last month submitted a third request to acquire Telefonica's operations in El Salvador, reports local portal El Mundo, citing Gerardo Henriquez, head of El Salvador's antitrust regulator Superintendencia de Competencia. The application was filed on 19 September after the regulator issued a decision on 26 August describing the deal as "inadmissible" and repeating a demand for more background information on the transaction, as required by the country's competition law, a request that wasn't heeded by America Movil following the first rejection in May.

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Categories: General
Companies: America Movil / Claro / Movistar El Salvador / Telefonica
Countries: El Salvador
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