The telco looks set to exit another Latin American market

An update is expected in the coming months

Europe has fallen behind the US and China, claims Murtra

The troubled carrier filed for voluntary insolvency in February

Telefónica continues to slim down its Latin America footprint

Is part of the company's push to reduce its operations in Latin America

The carrier said the filing represents its best option after failed attempts to sell unit

Follows reports from last month that Telefónica has attracted suitors for Argentinian business

Both Argentinian and foreign investors have shown an interest

But talks are still ongoing

Secures voting rights as part of the deal

Acquires company from Asterion and Telefónica

Keppel-linked Aermont reportedly highest bidder for Asterion & Telefónica-owned firm

WOM filed for bankruptcy earlier this year

But MásOrange still needs to sell 10 MHz of 3.5 GHz spectrum to avoid exceeding cap

Telefónica has confirmed talks are ongoing

Will open a third cloud region in Madrid with Telefónica España

Companies seeking $1 billion for Spanish operator

Up from 71.81 percent

Transaction is split into two tranches

Said the acquisition will provide "greater shareholding stability for the company"

Hasn't formally approached Oi as of yet

The agreement is expected to be enough to push the merger through

And its third green bond this year