Telecoms

Enel takes stake in LatAm fiber optic network

M&A Funds Equity

Italian energy company spends $175m for 21% of Ufinet with option to buy the whole company for up to another $2.5bn by 2022

Virgin Mobile nabs LatAm loans

Loans Debt Mexico

Cell phone company receives $40.3m from the IFC and LAP for its businesses in Colombia and Mexico

Oi agrees debt-for-equity swap

Telecoms Brazil

Brazilian telecom's stock price jumps after board approves $3.8bn share issuance

Chile's Subtel opens telecom auction

Chile Project & Infrastructure Finance Telecoms

Subsecretariat of Telecommunications publishes bidding rules for two stretches of the southern FOA project

Five banks emerge on TA loan

Loans Telecoms Argentina

Five MLAs round out $1bn facility for Argentine telecom, sources

IDB Invest considers Millicom private placement

Bonds Capital Markets Telecoms

Multilateral ponders purchasing an $80m Colombian peso-denominated note to fund the telecom's capex

Liberty Latin America acquires Cabletica

M&A Telecoms

US-based telecom purchases majority of the Costa Rican cable services provider for $200m

Oi shareholders challenge CEO, CFO

Corporate & Sovereign Strategy Brazil Telecoms

Embattled Brazilian telco faces potential civil lawsuit from a portion of its equity holders

Tigo El Salvador agrees sale-leaseback with SBA

M&A Telecoms Central America

Millicom's local subsidiary nets $145m for roughly 800 wireless comms towers

Court approves Oi restructuring

Bonds Telecoms Brazil

Brazilian telecom gets the green light from a Rio-based judge to change governance and apply a debt-to-equity conversion

Algar sells stake to Singapore fund, calls off IPO

Capital Markets Equity IPO

Brazilian telecom obtains $306m, will use proceeds for network improvements

Regulator blocks Oi restructuring proposal

Debt Telecoms Brazil

Brazil's Anatel dubs the telecom's latest plan to revise some $20bn in debt as "ruinous"