Telecom: Tuenti Changes Ownership to Claro

In Guatemala, the telephone company Tuenti reported that it will now be part of América Móvil, owner of the Claro brand, following the sale of Telefonica's shares in early 2019.

Tuesday, October 15, 2019

In January 2019 it was reported that a business agreement had been reached for América Móvil, S.A.B. de C.V. to purchase the entire share capital of Telefónica Móviles Guatemala, S.A..

However, it was not until October 10th when the executives of Tuenti, which in the country has operated under the brand name of Telefonica, confirmed to their collaborators that they were also acquired by Claro.

You may be interested in "Telecom: Regional Market Transformed"

"Today we proudly tell you that we became the crackest part of Claro and that only means good things. You're going to have all the good vibes and benefits you had with Tuenti, but with many more things: Coverage throughout the country, unlimited social networks (we know you're going to love them), thousands and thousands of recharge points so you can buy your combos or Superpacks, an internet that is a plane, many more GB in each package you buy and above all our eternal gratitude for having trusted that cell phone could be different, honest and as incredible as you," explains an official letter from Tuenti.

Also see "Which are the favorite Cell Phone brands in Central America?"

Litza de Escobar, Claro's Institutional Relations Manager, told Prensalibre.com that "... all Tuenti customers will maintain their benefits and will also have access to Claro offers; that is, more megabytes, unlimited social networks, faster internet, better signal, more recharge points and greater coverage."

Ricardo Flores, telecoms consultant for Global Group, explained that "... there is not yet a complete merger because the number pool is not defined. This means that Telefonica's numbering must pass to Claro, but it is a process that the Superintendence of Telecommunications (SIT) must clarify and rely on the Telecommunications Law, so that users are not harmed if necessary, cannot give or sell the numbers.

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More on this topic

Telecom: Has the Market Share Changed in Costa Rica?

November 2020

The company Telefonica went from monopolizing 22.3% of the total mobile telephone subscriptions in the country in 2015, to concentrating 29.9% at the end of last year.

According to a report prepared by the Superintendence of Telecommunications (Sutel), which was released on November 17th, in the last few years Telefonica has gained ground in the mobile telephone market, and in the cases of Claro and the Costa Rican Institute of Electricity (ICE), they have decreased their share.

El Salvador: Telefonica's Sale Cancelled

September 2020

As a result of the conditions imposed by the Superintendence of Competition to carry out the operation, América Movil and Telefónica decided to cancel the agreement to purchase 99.3% of Telefonica Moviles El Salvador.

According to the technical, legal and economic analysis carried out by the Superintendence of Competition SC, it was warned that the acquisition would produce limitations to competition in the markets of mobile and fixed telephony and business connectivity services.

El Salvador: Telefonica's Purchase Conditioned

August 2020

One of the conditions for authorizing the acquisition is that America Movil must relinquish the right to operate 25 MHz of radio spectrum with national coverage in the 850 MHz band and 30 MHz of radio spectrum with national coverage in the 1900 MHz band, which currently belong to Telefonica.

According to the technical, legal and economic analysis carried out, it was warned that the acquisition would result in limitations to competition in the markets for mobile and fixed telephony and business connectivity services. Therefore, the Board of Directors of the Superintendence of Competition (CDSC) decided to impose a set of conditions to repair the damages, which include enforcement measures prior to the closing of the transaction (ex ante) and a series of subsequent obligations (ex post) in order to counteract such limitations, informed the Superintendence of Competition (SC).

Telefonica's Purchase: Is the Third Time the Winner?

October 2019

After rejecting the two previously filed applications, El Salvador's Superintendence of Competition confirmed that it had received a new request for América Móvil to complete the acquisition process of Telefónica.

In mid-September 2019 it was reported that the Superintendence of Competition of El Salvador declared inadmissible, for the second time, the request for authorization of economic concentration presented by América Móvil, arguing that the information in the file was not complete.

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