{"id":56848,"date":"2020-08-19T10:26:26","date_gmt":"2020-08-19T10:26:26","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=293992"},"modified":"2020-08-19T10:26:26","modified_gmt":"2020-08-19T10:26:26","slug":"america-movil-sees-movement-on-el-salvador-deal","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2020\/08\/19\/america-movil-sees-movement-on-el-salvador-deal\/","title":{"rendered":"America Movil sees movement on El Salvador deal"},"content":{"rendered":"

<\/p>\n

\tAmerica Movil reportedly received a boost as El Salvador\u2019s antitrust authority said it would clear its local unit Claro’s proposed acquisition of Telefonica\u2019s two business units in the country, subject to competition and consumer conditions.<\/p>\n

El Salvador’s superintendent of competition said in a statement seen by Reuters the proposed acquisition, worth $315 million, could generate \u201climits on competition\u201d, as it set out some conditions Claro must meet before it is fully cleared.<\/p>\n

Claro will be required to rule out future use of spectrum currently used by Movistar, until it is certified. Claro will also be required to keep all marketing strategies developed by Movistar for seven years, although it will be allowed to update pricing plans.<\/p>\n

Delayed deal
\nAmerica Movil\u2019s Claro announced a deal in January 2019 [1] to acquire Telefonica\u2019s Movistar entity, which operates Telefonica Moviles El Salvador and Telefonica Multiservicios.<\/p>\n

However, the deal has been delayed by regulatory issues. In September 2019, the country\u2019s competition authority threw out [2] America Movil\u2019s application to complete the acquisition for not providing all the required infor\u00admation.<\/p>\n

At the time, it had only conducted a preliminary assessment of whether all the information had been provided, and it was unable to move on to the second stage of assessing the impact of the transaction on competition and consumer welfare.<\/p>\n

In a filing, America Movil said it was assessing the conditions.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/america-movil-snaps-up-telefonica-assets
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/america-movil-el-salvador-deal-stalls-for-second-time<\/p>\n\n

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America Movil reportedly received a boost as El Salvador’s antitrust authority said it would clear …<\/p>\n

The post America Movil sees movement on El Salvador deal<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":247,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"America Movil sees movement on El Salvador deal - ITTeacherITFreelance.hk","description":"America Movil reportedly received a boost as El Salvador’s antitrust authority said it would clear ... The post America Movil sees movement on El Salvador"},"footnotes":""},"categories":[11,8],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/56848"}],"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\/247"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=56848"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/56848\/revisions"}],"predecessor-version":[{"id":56849,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/56848\/revisions\/56849"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=56848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=56848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=56848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}