Bloomberg News

America Movil Discussing Alternatives for Digicel Salvador Unit

December 01, 2011

Nov. 30 (Bloomberg) -- America Movil SAB is discussing alternatives for its planned acquisition of Digicel Group Ltd.’s El Salvador unit after failing to receive “satisfactory” regulatory approval for the deal, the company said in an e-mail.

The company said earlier today it completed the acquisition of Digicel’s Honduras unit and the sale of its own Jamaica unit to Digicel. The companies announced the three transactions in March without disclosing financial terms.

To contact the editor responsible for this story: Crayton Harrison at tharrison5@bloomberg.net


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