Costa Rican President allows Liberty Latin America to acquire Telefonica’s operations in the country
Telecommunications companies Liberty Latin America and Telefonica have officially announced this last Monday, August 2nd that Costa Rican President, Carlos Alvarado Quesada, has allowed the sale of Telefonica’s operations in the country -where they are known as ‘Movistar’- to Liberty Latin America’s 80% subsidiary, Cabletica. Both companies expect the transaction to be closed in mid-August. [...]