0
General

Telefonica Mexico withdraws EUR 850 mln arbitration request - report

Monday 7 May 2018 | 06:45 CET | News
Telefonica Mexico has withdrawn its arbitration claim against the Mexican government in which it had requested compensation amounting to around EUR 850 million after reaching an agreement with the country, reports El Economista. The demand for arbitration against Mexico was filed back in June 2012 before the International Centre for Settlement of Investment Disputes (ICSID), an agency of the World Bank, which states on its website that the proceedings are now concluded. The operator had requested compensation for the impact of the reduction in interconnection rates approved by former

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Telefonica / Telefonica Mexico
Countries: Mexico
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Telefonica launches new franchise format in Mexico

Published 30 May 2018 11:41 CET | Mexico
Movistar Mexico (Telefonica) has teamed up with BMT to inaugurate a store in Toluca, capital of the state of Mexico, the first ...

Telefonica Mexico sales down 5% to EUR 277 mln in Q1

Published 26 Apr 2018 10:22 CET | Mexico
Telefonica Mexico reported net quarterly additions in its mobile customer base but a 5.4 percent year on year fall in revenues to ...

Telefonica Mexico sales slow to 0.3% growth in Q4, customers down 6%

Published 22 Feb 2018 09:34 CET | Mexico
Telefonica Mexico reported positive organic revenue growth for the third consecutive quarter in the October to December period, ...

Telefonica announces prices of Mexican fixed-wireless

Published 26 Jan 2018 11:40 CET | Mexico
Telefonica, which operates under the Movistar brand in Mexico, has unveiled the prices of its fixed-wireless broadband service ...

Telefonica files charges against Mexico over phone fees

Published 28 Jun 2012 12:53 CET | Mexico
Telefonica has lodged a USD 1 billion-plus complaint with the World Bank's International Centre for Settlement of Investment ...