El Salvador: Claro Requests Purchase of Digicel Be Unconditional
Claro has asked the Superintendency to revoke its prior decision and "to consent without conditions to its consolidation operations."
Tuesday, September 13, 2011
The condition that Claro opposes, is the renouncement before the Superintendency of Electricity and Telecommunications (SIGET), of its right to operate 20 MHz of the total Salvadoran radio electric spectrum it has.
After the competition regulator imposed the release of part of the spectrum leased by Claro as a condition to the merger between the two companies, America Movil has announced its withdrawal from the move.
The Competition Superintendence of El Salvador has acknowledged receipt of a new request for the acquisition of 100% of Digicel’s shares by Claro in March 2012.
The Mexican company will not be able to merge with Digicel unless it agrees to a condition to renouncen the use of 20 MHz of airwaves.
The government of El Salvador requires the renunciation of the spectrums assigned to both companies individually, to avoid limiting competition.
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