Colombian telco Avantel, which offers internet and mobile telephony, announced that the English firm Novator Partners, owner of Wom in Chile, acquired the company’s majority stake, and looks forward to running an agreement in the reorganization process it is facing, as reported by several specialized websites. ‘Avantel confirms that Novator acquired a majority stake in [...]
After, in early May, Millicom refused itself to acquire Telefonica’s operations in Costa Rica (where it is known as ‘Movistar’), in an agreement valued at USD 570 million and ran in February 2019, the Spanish press reported that Telefonica began an asset analysis process in Costa Rica (known as ‘Due Diligence’) to make all the [...]
Chilean virtual mobile operator Wom (Novator Partners) is getting itself ready to enter the pay TV market in the country. As reported days ago by Diario Financiero on its web version, at the beginning of May, the Diario Oficial, where laws, decrees and other legal regulations in the country are published, published the inscription of [...]
As reported by the Spanish newspaper El Economista, private equity firm Novator Partners is evaluating the possibility of acquiring Telefónica’s subsidiary in Colombia. According to industry sources quoted by the newspaper, Novator Partner’s interest is in an initial phase, although other acquisitions in the country are also considered, such as that of mobile operator Avantel. [...]