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Wireless

Telefonica reactivates sale of Costa Rica subsidiary - report

Wednesday 1 July 2020 | 15:00 CET | News
Telefonica has relaunched the process to find a buyer for its mobile telecommunications assets in Costa Rica a couple of months after Millicom pulled out of a deal to acquire the unit. According to a report in business daily El Economista, an unnamed buyer has shown significant interest in the assets and has initiated a due diligence process ahead of a possible offer. The list of potential buyers is topped by America Movil but also includes Liberty Global, Chile's Entel and Wom (Novator) as well as AT&T, said the report.

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Categories: Mobile & Wireless
Companies: Movistar Costa Rica / Telefonica
Countries: Costa Rica
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