Tag: Movistar

• Friday, May 23rd 2025 - 10:27 UTC

  Telefónica sells Movistar Uruguay to Millicom

  

  The Spanish company Telefónica, through its subsidiary Telefónica Hispanoamérica, sold its Movistar Uruguay business to Millicom, a Luxembourg-based company operating under the Tigo brand, as part of its strategy to reduce its presence in Latin America. The transaction, announced to the Spanish National Securities Market Commission (CNMV), is now subject to regulatory approvals. It is also a part of Telefónica's asset divestment plan, following sales in Argentina, Colombia, and Peru in 2024, totaling over US$2 billion.

• Thursday, May 13th 2021 - 08:20 UTC

  Another Argentine group after Telefónica Uruguay

  

  The Argentine business Olmos Group, the owner of the news channel Crónica TV, Diario Crónica, Evolución Seguros, and other companies in the health care business in Argentina, have begun negotiations to buy over Telefónica's Uruguay, the subsidiary announced Wednesday.

• Wednesday, December 18th 2013 - 06:51 UTC

  Argentine mobile phone companies have to adjust rates and charge by the second

  

  Mobile phone companies operating in Argentina will have 60 days to adjust all their rates and charge by the second, Federal Planning Minister Julio De Vido and Communications Secretary Norberto Berner confirmed in a news conference. Companies Personal, Movistar and Claro will only have 15 days to implement the change for new customers according to the resolution published in the Official Gazette.

• Wednesday, May 9th 2012 - 07:39 UTC

  Argentina slaps huge fine on Spanish mobile phone service

  

  Argentina has fined Telefonica 43 million dollars for a mobile phone service interruption last month, which threatens to further exacerbate tensions between the two countries.