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Entel Watches GTD Buy Flounder

Jan 11, 2012

Chile’s Entel attempts to create the country’s second largest telecom operator fell through this week after GTD Grupo Teleductos, through its parent, rejected its advances. GTD simply said that its controlling shareholder, Inmobiliaria e Inversiones El Coigue, had decided not to proceed...

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At a fundamental level, the issue is how to generate healthy returns in the medium to long term. Policy holders can see their fund go down over the course of a week or a month, but what we really should be looking at is returns over 20 or 30 years.

Daniel Schydlowsky, Peru’s banking, insurance and private pension fund regulator


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