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El Salvador competition watchdog clears Digicel exchange deal with Claro

Wednesday, June 1, 2011

Digicel Group said that the glitch on the merger application in El Savador has been cleared, and was confident of the deal's approval.

The Irish cellphone company's business in El Salvador and neighbouring Honduras is part of an exchange deal between Claro owner América Móvil and Digicel.

News of a possible setback on that leg of the deal emerged late last week, when it was reported that the competition watchdog in El Salvador, had rejected the application for approval of the proposed deal.

Original source: Jamaica Gleaner