Telefónica Hispanoamérica has sold the totality of His actions of his telephone subsidiary Peru to the Argentine company Integra Tec Internationalwhich guarantees that the more than 13 million subscribers of the operator in the country, both in urban and rural areas, will continue to maintain the service.
This is because, as a consequence of the transaction, the control of all the actions that Telefónica Peru had in the Rural Internet operator for all (ITP) will also be in the hands of Integra Tec, 99.3%.
The Argentine company new owner of the operator has pledged to launch a public offer to Buy shares aimed at 0.7% of the remaining actions of the operator, with the aim of getting all of them.
Telefónica del Perú had declared a few months ago in the bankruptcy of creditors, and this ordinary restructuring bankruptcy process, initiated by the operator against Indecopi, the corresponding entity, will continue with its procedure according to the current regulations. At the time of the closing of its fiscal year 2024, the operator presented a debt of about 1,240 million euros.
Telefónica had a presence in Peru since 1994, and TDP has played a key and prominent role in the integration of the territory, facilitating the connection to Peruvians and promoting digitalization in urban and rural areas.
Among other measures, through connectivity initiatives in rural areas, as well as digital education and technological renewal programs, Telefónica Peru has contributed to reducing the connectivity gap in the country, in addition to improving opportunities for its population.
The operation has properly communicated to the CNMV (National Securities Market Commission), through a document that reflects both the signing of the agreement, as well as the conditions of the operation. This is part of the Telefónica strategy, which left Colombia a month ago, to gradually reduce its exposure to Latin America.
