Thursday, November 28, 2024

New suspension of negotiations for Claro and Movistar licenses

The regulator Arcotel decided this because the Ministry of Economy and Finance has not yet issued an opinion on the economic impact of the renewal of the licenses. It is unlikely that this document will be issued before the presidential elections of February 2025.

The Telecommunications Regulation and Control Agency (Arcotel) has once again decided to suspend the negotiation process for the licenses of the two private mobile operators: Consorcio Ecuatoriano de Telecomunicaciones, S.A. (Conecel), which operates under the Claro Ecuador brand and is owned by América Móvil, and Otecel, S.A., which operates under the Movistar brand and is owned by Telefónica.

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