Tag Archives: inadmissible

America Movil submitts a third request to acquire Telefonica El Salvador

Telecom | | November 1, 2019

America Movil -through its subsidiary Claro- requested the Salvadoran Competition Superintendence (SC) the authorization to acquire Telefonica (Movistar) in that country. The company sent the third request for the merger to the Salvadoran organization last September 19th, after the institution declared the second request ‘inadmissible’ due to the lack of documentation required to authorize the [...]

America Movil’s request to acquire Telefonica in El Salvador is declared ‘inadmissible’

Telecom | | May 23, 2019

Salvadoran Competition Superintendence (SC) declared ‘inadmissible’ the economic concentration request that America Movil submitted on March 5th to buy Telefonica’s shares in El Salvador, after the announcement made in January on the agreement to buy Telefonica’s subsidiary in the country for USD 315 million. According to an official statement from the SC, America Movil was [...]