US EditionAmérica Móvil and Telefónica join forces to try to jointly buy Wom assets - La Tercera
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8 Articles
A surprise in the telecommunications market. América Móvil and Telefónica announced on Monday that they reached a non-binding agreement to “jointly explore their potential participation in the process of selling the assets of Wom and its affiliates,” they said. Wom is undergoing a process of judicial reorganization through Chapter 11 of the United States Bankruptcy Law. In order to solve its silver problems, the company owned by Icelandic busine…
Telefónica is betting on the Chilean market with a new alliance to buy the Teleco Wom. The company run by José María Álvarez-Pallete has signed a non-binding agreement with its rival América Móvil, owned by Mexican billionaire Carlos Slim, to bid for the Chilean firm's assets. In a joint statement, both companies say that their agreement aims to “jointly explore their potential participation in the process of selling the assets of Chilean teleco…
The telecommunications firms América Móvil and Telefónica signed a non-binding agreement to jointly explore their potential participation in the process of selling the assets of Wom and its affiliates. The firm is in the process of being reorganized after filing for Chapter 11 bankruptcy in the United States of America for the district of Delaware. The parties may decide at any time not to submit an offer and, if they do, any offer and potential…
Telefónica and América Móvil, the Latin American telecommunications operator controlled by Carlos Slim, have reached “a non-binding agreement to jointly explore their...
América Móvil and Telefónica, two telecommunications companies competing in several Latin American markets, agreed to explore options for a potential sale of WOM assets in Chile, as part of the financial reorganization process that the company is facing in a Bankruptcy Court in the United States. See more: América Móvil is open to alternatives with WOM for its business in ChileThe non-binding agreement considers the possibility of participating …
América Móvil and Telefónica signed a non-binding agreement to jointly explore their participation in the process of selling the assets of WOM, a Chilean telecommunications company, which is currently undergoing a restructuring process in Chapter 11 of the United States Bankruptcies. The company controlled by businessman Carlos Slim previously acknowledged that it is open to exploring business opportunities in Chile, with the possible sale of WO…
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