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Sutel clears Millicom's acquisition of Telefonica Costa Rica

Tuesday 3 September 2019 | 11:37 CET | News

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Costa Rican telecommunications regulator Sutel has cleared Millicom's acquisition of Telefonica's mobile telecommunications assets in Costa Rica around 6 months after the deal was announced. In a statement, Sutel said: "there is no evidence of the existence of any potential anti-competitive effects derived from the acquisition of 100 percent of the capital stock of Telefonica CR by Millicom." The watchdog added that it hoped the transaction would result in new offers and services for the benefit of consumers.

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Categories: Mobile & Wireless
Companies: Millicom / Sutel / Telefonica
Countries: Costa Rica
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