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Watchdog approves Liberty Latin LatAm acquisition of Movistar Costa Rica

Tuesday 1 June 2021 | 13:44 CET | News
Costa Rica's Superintendency of Telecommunications (Sutel) has officially approved the acquisition by Cabletica (Liberty Latin America) of 100 percent of Telefonica's mobile telecommunications assets in the country around 10 months after the deal was announced. Sutel said a technical analysis of the transaction concluded that the merger will not have a negative effect on healthy competition in the country's telecommunications sector as long as the new owner ensures the same quality of service and price conditions.

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Categories: Mobile & Wireless
Companies: Cabletica / Liberty Latin America / Movistar Costa Rica / Telefonica
Countries: Costa Rica
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