M&A Deal Summary

Telefonica Moviles S.A. Acquires BellSouth Latin America Group

On January 11, 2005, Telefonica Moviles S.A. acquired communications company BellSouth Latin America Group from BellSouth for 5.9B USD

Acquisition Highlights
  • This is Telefonica Moviles S.A.’s 1st transaction in the Communications sector.
  • This is Telefonica Moviles S.A.’s largest (disclosed) transaction.
  • This is Telefonica Moviles S.A.’s 1st transaction in the United States.
  • This is Telefonica Moviles S.A.’s 1st transaction in Georgia.

M&A Deal Summary

Date 2005-01-11
Target BellSouth Latin America Group
Sector Communications
Buyer(s) Telefonica Moviles S.A.
Sellers(s) BellSouth
Deal Type Divestiture
Deal Value 5.9B USD

Target

BellSouth Latin America Group

Atlanta,, Georgia, United States
BellSouth Latin America Group is a provider of wireless telecommunication services in Latin American countries.

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Buyer(S) 1

Buyer

Telefonica Moviles S.A.

Madrid,, Spain

Category Company
Founded 2000
Sector Communications
Employees22,600
DESCRIPTION

Telefonica Moviles, S.A. is a provider of wireless communications and related services and products.


DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2005) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

BellSouth

Atlanta, Georgia, United States

Category Company
Founded 1983
Sector Communications
DESCRIPTION

BellSouth Corp. is an american telecommunication services.


DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2005) 1 of 1
Size (of disclosed) 1 of 1