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

El Pais

Lean Left

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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.

BioBioChile

Lean Right

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

La Tercera

Lean Right

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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…

eldiariodechihuahua.mx

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The Mexican América Móvil SAB de CV and the Chilean Empresa Nacional de Telecomunicaciones SA are working on a joint offer by the Chilean unit Telefónica, according to people familiar with the issue. América Móvil, which already operates in the country through ClaroVTR, would be interested in Telefónica Chile’s mobile phone business, while Entel would take over the fixed telephony segment, according to people, who asked not to be identified beca…

transmedia.cl

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According to a report from the last hours of the Bloomberg financial media, Mexican América Móvil (Claro) and Chilean Entel submitted a joint offer to keep Telefónica’s operations in Chile (Movistar). According to it, América Móvil would be interested in Telefónica Chile’s mobile phone business, while [...] The post Now Yes?. Telefónica’s sale would be about to close and Entel – Claro would be its new owners first appeared on TransMedia.