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Wireless

Claro pays USD 1 bln Colombia fine, continues appeal

Wednesday 30 August 2017 | 09:52 CET | News
Claro (America Movil) announced that it complied with a Colombian arbitration ruling ordering it to pay USD 1.08 billion for breaching a government contract for mobile services. However, the company added in a statement that it will continue with its appeal against the ruling accusing its local Comcel unit of failing to return installed telecommunication networks and infrastructure as part of agreements to provide mobile services dating back to 1994. "Comcel will exhaust every national and international available legal action to challenge the arbitral award," said the company.

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