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Wireless

El Salvador agrees to review America Movil request to acquire Telefonica assets

Friday 8 November 2019 | 12:00 CET | News
El Salvador's antitrust regulator Superintendencia de Competencia has finally agreed to admit America Movil's request to acquire Telefonica's operations in El Salvador at the third time of asking. America Movil filed a third application 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: Mobile & Wireless
Companies: America Movil / Movistar El Salvador / Telefonica
Countries: El Salvador
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