Argentina’s Economy Minister Javier Milei will review Telefonica’s $1.25 billion sale of its local operations, as part of a broader strategy to reassess foreign investments. This move underscores the administration’s focus on economic sovereignty and regulatory scrutiny.
Telefónica has divested its Argentine subsidiary for $1.25 billion, marking a significant shift in its South American strategy. This move highlights the ongoing challenges in the telecommunications market as companies realign their portfolios.
In a significant move, Telefonica has secured a $1.25 billion deal with Telecom Argentina, marking a pivotal moment in the telecommunications sector. This agreement, amidst the backdrop of Milei’s economic reforms, aims to enhance service capabilities and expand market presence.
