Convergencia Research, Consultoría especializada en Latinoamérica y Caribe
Monday, April 14, 2025

Telefónica sold its Peruvian subsidiary for € 900,000 in addition to debt of more than € 1.2 billion

The buyer is the Argentine firm Integra Tec International, which has no experience in the large-scale operation of telecommunications services. The purchase is being made in the midst of a bankruptcy proceeding. Telefónica del Perú stated that the operational transition is guaranteed due to the continuity of its management team and access to fresh funds to sustain business operations.


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