(1) Significant event dated January 24th, 2019
Telefónica announces that has reached an agreement with América Móvil for the sale of the entire share capital of Telefónica Móviles Guatemala and 99.3% of Telefónica Móviles El Salvador. Further information
(2) Significant event dated February 20th, 2019
Telefónica announces that has reached an agreement with Millicom International Cellular for the sale of the entire share capital of Telefónica de Costa Rica, Telefónica Móviles Panamá and Telefónica Celular de Nicaragua. Further information
The structure of Telefónica Central America groups together the mobile operations of Telefónica in Costa Rica(2), El Salvador(1), Guatemala(1), Nicaragua(2) and Panama(2). Telefónica entered the Panamanian and Nicaraguan markets with the purchase of the operations of Bellsouth in a number of Latin American countries. These two operations (Panama and Nicaragua) commenced operations under the control of Telefónica in the fourth quarter of 2004.
Previously, Telefónica had already been present in the region with mobile operations in Guatemala (since 1999) and El Salvador (since the privatisation of the sector in 1998). In addition, in January 2011, Telefónica won one of the concessions that was tendered out in Costa Rica, in the process of opening up of the Costa Rican mobile market, and Telefónica began to operate mobile telephony services in Costa Rica in November 2011.
Some of the main figures in 2018:
- Telefónica's income in Central America was 874 million euros and the OIBDA stood at 283 million euros.
(Euros in millions)