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America Movil, Entel Make Joint Bid for Telefonica’s Chile Unit

Summary by Bloomberg
Mexico’s America Movil SAB de CV and Chile’s Empresa Nacional de Telecomunicaciones SA are working on a joint bid for Telefonica’s Chile unit, according to people familiar with the matter.

16 Articles

Lean Left

Mexican América Móvil, controlled by Carlos Slim, and Chilean Empresa Nacional de Telecomunicaciones (Entel) have submitted a joint offer for Telefónica’s operations in Chile, according to Bloomberg, which cites people familiar with the issue. Chilean telecos had submitted non-binding offers, according to this newspaper on September 9.

·Spain
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Lean Right

In August of this year, Diario Financiero reported that different companies would be studying whether to submit an offer by Telefónica Chile,...

·Chile
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Lean Right

The sale of Telefónica’s operations in Chile continues to advance. This time, it was announced that two companies that are already part of the Chilean market would have submitted a joint offer by Movistar, according to Bloomberg on Thursday. It would be Chilean Entel and Mexican América Móvil. The conversations are still ongoing and the approach could change as the process progresses. But in this alliance América Móvil, which operates in the cou…

·Chile
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The Mexican telecommunications company América Móvil, which owns in the Chilean market the operators Claro and VTR, and the National Telecommunications Company of Chile (Entel) joined together to make a joint offer for the operations of the Chilean subsidiary of the Spanish telecommunications company Telefónica, which acts with the Movistar brand. The novelty was reported on October 2 by the news service of the international agency Bloomberg. At…

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A rival, WOM, recently recovered from bankruptcy, while ClaroVTR received a new capital injection from one of its owners

·Bogotá, Colombia
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Bloomberg broke the news in United States on Thursday, October 2, 2025.
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