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.

Telefónica sold its entire stake in Telefónica del Perú (TdP) to the Argentine firm Integra Tec International for €900,000 (around 3.7 million Peruvian soles), according to information submitted to Spain’s National Securities Market Commission (CNMV in Spanish) on Sunday.

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Liberty Latin America consolidated postpaid growth in the first quarter

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What business model will Oxio implement in Mexico

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

MORE ANALYSIS

Liberty Latin America consolidated postpaid growth in the first quarter

The operator added 50,000 new lines across the countries in which it operates, with Costa Rica, Panama, and Jamaica standing out. It also recorded slight increases in RGUs in Costa Rica and Jamaica. Total revenues reached US$1.083 billion, in line with the same period a year earlier.

Millicom acquisitions drive 45% revenue growth

Revenue rounded out at US$2 billion in the first quarter of 2026. Mobile customers reached 57.3 million, a 37.8% increase compared with a year earlier.

Smartphone market tracks rising memory costs

Analyst Omdia said first-quarter sales rose 1% compared to a year earlier, driven by inventory build-up across distribution channels to get ahead of future price increases. Samsung maintains global leadership.

Strong jump in América Móvil profits on organic growth

The operator posted a 25.1% year-on-year increase in net profit, reaching US$1.31 billion. Total revenue stood at US$13.53 billion, up 2.1% from a year earlier. During the period, it added 3 million mobile subscribers and 594,000 broadband accesses. This aligns with standard journalistic and financi

What business model will Oxio implement in Mexico

The company will manage the 21 million customers it acquired from Telefónica, for which it will implement its TaaS platform. But it could also pursue a wholesale offering for other MVNOs to operate on AT&T's network.

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