Telefónica exits Ecuador – Telefonica has agreed to sell its Ecuador unit to Millicom for $380 million, continuing its strategy to reduce Latin American exposure.

Telefónica, Madrid. Credit: JJFarq, Shutterstock. Telefónica has agreed to sell its Ecuadorian subsidiary to Millicom Spain for €330 million, continuing its strategic retreat from Latin America under ...

This time it’s exiting Ecuador. Telefonica announced late last week that it had reached an agreement with Millicom, which has a strong presence in Latin America, operating under the Tigo brand in ...

Telefónica ’ s exit from Latin America continues with news that it is selling Otecel – aka Telefónica Ecuador – for $380m to Millicom, the network operator that is looking to scale up even further in ...

Millicom agreed to buy Telefonica’s business in Ecuador for $380 million, its second deal for one of the latter’s units in Latin America announced in the space of a month.. The latest agreement is ...

Millicom snapped up Telefónica's Uruguayan business last month for $440 million.. Earlier this year, Millicom reached an agreement to acquire Telefónica's Colombian unit for $400m.. The company ...

Telefonica, the Spanish telecom giant, has sold its Ecuador unit Otecel S.A. to Millicom International for $380 million as part of a strategic move to reduce its Latin American operations. This ...

Spanish telecom company Telefonica said late on Friday it had reached an agreement with Luxembourg-based Millicom International to sell 100% of the shares of its Ecuador unit Otecel S.A. for 380 ...

Telefonica Ecuador ranks second in mobile in a fragmented telecom landscape. Mobile and broadband markets show consistent growth: +1.4% mobile, +3.6% fixed broadband. Telecom´s sector demonstrated ...

MADRID (Reuters) -Spanish telecom company Telefonica said late on Friday it had reached an agreement with Luxembourg-based Millicom International to sell 100% of the shares of its Ecuador unit Otecel ...