Spain's Telefonica sells unit in Argentina

Telefónica sells Argentinian unit to Telecom Argentina for $1.25 bn
Telefónica has announced the sale of its Argentina to Telecom Argentina for $1.25 billion. In a short statement released yesterday, the company said that it has “reached an agreement with Telecom Argentina to sell all of its shares in the share capital of Telefónica Argentina.
Spain's Telefonica sells unit in Argentina for $1.245 billion
MADRID (Reuters) -Spanish telecoms company Telefonica has agreed to sell its unit in Argentina for $1.245 billion to Telecom Argentina as part of its strategy to gradually reduce its exposure to Latin America,
Telefónica to sell Argentinian unit to Telecom Argentina for $1.2bn
Spanish telecoms giant Telefónica has struck a deal to sell its Argentinian unit to Telecom Argentina for $1.245 billion. It follows reports last month that the carrier was in talks with both international and domestic suitors for the business.
Telefonica's Subsidiary Sells Entire Stake in Telefonica Moviles Argentina for $1.245 Billion
Telefonica's subsidiary TLH Holdco sold all its stake in Telefonica Moviles Argentina and the entire share capital of its operation to Telecom Argentina for $1.245 billion. The Spanish telecommunications company said late Monday that the signing and closing of the transaction took place simultaneously the same day.
Spain's Telefonica sells Argentina subsidiary for $1.2 bn
Spanish telecommunications giant Telefonica agreed to sell its Argentine subsidiary to Telecom Argentina for $1.2 billion on Monday, prompting libertarian President Javier Milei's government to announce an investigation over competition concerns.
Milei to Review Telefonica’s $1.25 Billion Argentina Sale
Argentina’s President Javier Milei warned Telefonica SA that his government will review the phone carrier’s plan to sell its ...
Mobile World Live21h
Telefonica Argentina exit deal draws scrutiny
Telefonica struck a deal to sell its unit in Argentina to Telecom Argentina for $1.3B, though the move is being assessed over ...
batimes19h
Milei vows ‘monopoly’ probe as Telefónica sells to Clarín
Spanish telecoms giant Telefónica announces US$1.25-billion deal to sell subsidiary to Telecom Argentina; Milei vows ...
MercoPress23h
Argentine gov't steps in as Telefónica's buy-over results in possible monopoly
The Argentine Administration of President Javier Milei announced Monday that the buy-over of Telefónica de Argentine by ...
Telecom Argentina upgraded to Neutral from Underweight at JPMorgan
JPMorgan upgraded Telecom Argentina (TEO) to Neutral from Underweight with a price target of $13, up from $10. The company’s acquisition of ...
batimes1d
Telefónica’s US$1.25-billion Argentina sale draws Milei’s scrutiny
Telefónica agrees to sell its operations in Argentina to Telecom Argentina SA for US$1.25 billion, drawing a warning for ...
newslite1d
Telecommunications. Thanks to the deregulation of Milei Telecom Argentina, he tripled his profits in 2024
This Monday, the purchase of Telefónica Argentina by the Clarín Group, through Telecom. The Spanish company detached from its ...