Corporación Multi Inversiones

Telefónica to move central American assets into JV

Spanish telco Telefónica is to sell 40% of its assets in El Salvador, Guatemala, Nicaragua, and Panama to Corporación Multi Inversiones in a US$500 million (€380 million) deal. Telefónica will retain control of operations across the four countries, and its networks will be merged into a new joint venture. The US$500 million deal, which is […]