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General

Telefonica splitting Central American assets to ease sale - report

Tuesday 22 January 2019 | 10:21 CET | News

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Telefonica has divided its Central America unit into two separate packages with a view to facilitating its sale for a combined total of around EUR 1.4 billion, according to unnamed sources cited by Spanish business daily Expansion. The operator is now set to announce the sale of its Guatemala and El Salvador subsidiaries for a total of around EUR 800 million in the next few days, with Claro (America Movil) still the most likely buyer if anti-trust concerns can be overcome, said the sources. Luxembourg-based Millicom and AT&T are cited as possible buyers of the remaining Central American

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Categories: General
Companies: America Movil / AT&T / Claro / Millicom / Telefonica
Countries: Central America
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