Liberty Latin America and América Móvil Form 50:50 JV ClaroVTR in Chile
October 6, 2022
Liberty Latin America and América Móvil have combined their Chilean operations, VTR and Claro Chile, to form a 50:50 joint venture named ClaroVTR following approval from the Chilean National Economic Prosecutor's Office (FNE). The new company, led by CEO Alfredo Parot, aims to expand connectivity and accelerate digital development across Chile for both consumer and business customers.
- Buyers
- Liberty Latin America Ltd, América Móvil S.A.B. de C.V.
- Targets
- VTR, Claro Chile
- Industry
- Telecommunications
- Location
- Chile
- Transaction Type
- Divestiture
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