Telefónica

Sundin

Millicom presented its first-quarter 2026 results and reported cutting 35% of its Chile staff after taking control of Telefónica operations in February. The move generated US$21 million in severance and voluntary retirement costs.

Iniulat ng AI

The International Centre for Settlement of Investment Disputes (Ciadi) has ordered Colombia to pay Telefónica over 500 million euros immediately for a dispute over mobile networks dating back to 1994. The ruling confirms a 2024 award and lifts the suspension after the government failed to provide a bank guarantee. The payment covers principal, interest and legal costs.

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