US EditionTelefónica Completes Mexico Exit with $450m Sale
24 Articles
24 Articles
Telefónica has taken a new step in its departure from Hispanoamerica with the sale of its business in Mexico, according to the company to CNMV.
Telefónica Hispanoamérica reported the sale of $450 million of all its assets in Mexico to Melissa Acquisition, a consortium that would be Movistar's new parent company.Since November 2025, Telefónica had indicated its interest in selling its subsidiaries in Latin America, only to concentrate its market in Europe, from where they originate. Telefónica leaves Mexico after making a sale of $450 million In a statement to the Spanish National Securi…
europapress.es
Telefónica has reached an agreement for the sale of its entire stake in Telefónica Mexico...
Telefónica Hispanoamérica reached an agreement to sell for $450 million 100 percent of Telefónica Mexico's shares to Melisa Acquisition, LLC, a consortium led by Oxio Inc. and Newfoundland Capital Management.According to a note sent to the Spanish National Securities Markets Commission, the operation includes the entire Telefónica mobile business in Mexico, where currently it is estimated to have more than 20 million active lines.“Today Telefóni…
Telefónica has reached a binding agreement for the sale of its entire capital in its subsidiary of Mexico to the Melisa Acquisition consortium, made up of the Oxio technology company and the Newfoundland Capital Management investment fund. The operation, valued at 450 million dollars (approximately 390 million euros), marks the definitive departure of the Spanish operator from the Mexican market and consolidates its divestment strategy in Hispan…
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