Argentina suspends Telecom’s purchase of Telefonica unit

From Investing.com: 2025-03-21 19:36:00

Argentina has suspended the purchase of Telefonica’s unit by Telecom, citing competition concerns. The deal was valued at $630 million and would have given Telecom a 70% stake in the unit. The suspension was ordered by Argentina’s antitrust regulator amid fears of a potential monopoly in the telecom sector.



Read more at Investing.com: Argentina suspends Telecom’s purchase of Telefonica unit