Spain's Telefonica sells unit in Argentina

Milei to Review Telefonica’s $1.25 Billion Argentina Sale
Argentina’s President Javier Milei warned Telefonica SA that his government will review the phone carrier’s plan to sell its local operations to Telecom Argentina SA for a possible breach of anti-monopoly rules.
Spain's Telefonica sells unit in Argentina for $1.245 billion
MADRID (Reuters) -Spanish telecoms company Telefonica has agreed to sell its unit in Argentina for $1.245 billion to Telecom Argentina as part of its strategy to gradually reduce its exposure to Latin America,
Telefonica's Subsidiary Sells Entire Stake in Telefonica Moviles Argentina for $1.245 Billion
Telefonica's subsidiary TLH Holdco sold all its stake in Telefonica Moviles Argentina and the entire share capital of its operation to Telecom Argentina for $1.245 billion. The Spanish telecommunications company said late Monday that the signing and closing of the transaction took place simultaneously the same day.
Telefónica’s US$1.25-billion Argentina sale draws Milei’s scrutiny
Telefónica agrees to sell its operations in Argentina to Telecom Argentina SA for US$1.25 billion, drawing a warning for President Javier Milei's government that it will review the transaction.
Milei pledges antitrust probe after Telefónica sells Argentina unit
Telefónica will sell its entire 100 per cent stake in its mobile, pay TV and broadband business to Telecom Argentina, in which Grupo Clarín holds a 40 per cent stake and Mexican investor David Martínez holds another 40 per cent, for $1.25bn in cash. The business does not carry significant amounts of debt.
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