{"id":253551,"date":"2021-06-01T15:08:42","date_gmt":"2021-06-01T15:08:42","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=318911"},"modified":"2021-06-01T15:08:42","modified_gmt":"2021-06-01T15:08:42","slug":"telefonica-moves-closer-to-costa-rica-exit","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2021\/06\/01\/telefonica-moves-closer-to-costa-rica-exit\/","title":{"rendered":"Telefonica moves closer to Costa Rica exit"},"content":{"rendered":"

<\/p>\n

\tCosta Rica\u2019s telecoms authority approved the sale of Telefonica\u2019s local operation to Liberty Latin America, which plans to combine the business with its existing fixed and broadcast unit in the country.<\/p>\n

In its report on the acquisition, regulator Superintendencia de Telecomunicaciones (Sutel) concluded the move was unlikely to have any negative impact on competition in the country.<\/p>\n

It added the new owner would be required to maintain the current quality of service offered by Telefonica\u2019s Movistar unit.<\/p>\n

Liberty Latin America struck the deal [1] to acquire Telefonica\u2019s Costa Rican operation for $500 million in 2020, subject to regulatory approval.<\/p>\n

At the time, the buyer noted it would combine the mobile business with its fixed brand Cabletica to create a leading integrated player.<\/p>\n

For Telefonica, the sale is the\u00a0latest of a number of divestments [2] in Central America and will see it finally dispose of the unit after Millicom controversially backed-out [3] of an agreement to acquire it for $570 million.<\/p>\n

Movistar Costa Rica is the second-largest of three mobile providers in the market. GSMA Intelligence figures for Q1 estimate its number of connections at 2.4 million, behind state-owned Kolbi (4.8 million) but ahead of America Movil\u2019s Claro (1.8 million).<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/home-banner\/telefonica-finds-costa-rica-buyer-virus-hits-earnings
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/millicom-moves-on-telefonica-central-america-units
\n[3] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/millicom-abolishes-telefonica-costa-rica-acquisition<\/p>\n\n

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<\/p>","protected":false},"excerpt":{"rendered":"

Costa Rica\u2019s telecoms authority approved the sale of Telefonica\u2019s local operation to Liberty Latin America, …<\/p>\n

The post Telefonica moves closer to Costa Rica exit<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":246,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Telefonica moves closer to Costa Rica exit - ITTeacherITFreelance.hk","description":"Costa Rica\u2019s telecoms authority approved the sale of Telefonica\u2019s local operation to Liberty Latin America, ... The post Telefonica moves closer to Costa Rica e"},"footnotes":""},"categories":[11,8],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/253551"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/246"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=253551"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/253551\/revisions"}],"predecessor-version":[{"id":253552,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/253551\/revisions\/253552"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=253551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=253551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=253551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}