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BELLSOUTH SIGNS AGREEMENT TO SELL LATIN AMERICA OPERATIONS.

Publication: RBOC Update
Publication Date: 01-APR-04
Format: Online
Delivery: Immediate Online Access

Article Excerpt
BellSouth Corp. [NYSE: BLS] has signed a definitive agreement with Telefonica Moviles, the wireless affiliate of Telefonica, S.A. [NYSE: TEM] to sell its interests in its 10 Latin American operations. The purchase price is based on a total enterprise value of the 10 Latin American companies...

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...of $5.85 billion....

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