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Wireless

Claro, Movistar fined USD 1.55 bln in Colombia

Thursday 27 July 2017 | 08:08 CET | News
Colombian operators Movistar (Telefonica) and Claro (America Movil) have been fined a total of USD 1.55 billion on grounds of breaching a government contract for mobile services, reports Reuters, citing Guillermo Velez, director of the government's legal defence agency. An arbitration court ruled that the two companies failed to return installed networks and infrastructure as part of agreements to provide mobile services dating back over a decade, said Velez, adding that the fine is the largest ever in favour of the state. Claro has been ordered to pay USD 1.02 billion, with Movistar having

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Categories: Mobile & Wireless
Companies: America Movil / Claro / Movistar / Telefonica
Countries: Colombia
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