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General

El Salvador again rejects America Movil's acquisition of Telefonica's local unit

Thursday 12 September 2019 | 08:54 CET | News
El Salvador's antitrust regulator Superintendencia de Competencia has rejected America Movil's request to acquire Telefonica's operations in the country for the second time, once again describing the deal as "inadmissible". The regulator said its new decision was issued on 26 August, some four months after its first rejection, and that it has repeated its 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 the first time round.

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