The Argentine government announced that it will investigate the acquisition of Telefónica by Telecom to determine whether it creates a monopoly.

Telecom Argentina, controlada por el Grupo Clarín y el fondo Fintech, compró Telefónica Móviles de Argentina por USD 1.245 millones, en una financiación auspiciada por bancos internacionales.

Telefonica struck a deal to sell its unit in Argentina to local rival Telecom Argentina for just over $1.2 billion, though the country’s president issued a rapid response announcing the move would be ...

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 ...

MADRID, Feb 24 (Reuters) - Spanish telecoms company Telefonica (TEF.MC), opens new tab has sold its unit in Argentina for $1.245 billion to Telecom Argentina (TECO2m.BA), opens new tab as part of ...

Telefonica signed and closed the $1.25 billion deal on Monday after more than three decades in the country, according to a regulatory filing. The Spanish carrier has been working since late 2019 ...