Telefónica
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.
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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.
1 december 2025 05:23