A PYMNTS Company

Chile: Time Warner acquisition by AT&T approved

By  |  September 5, 2017
Chile: Time Warner acquisition by AT&T approved

Chilean regulator Fiscalia Nacional Economica (FNE) has approved AT&T’s conditionally pending acquisition of Time Warner. The regulator approved the merger with targeted behavioral conditions to address specific competition issues identified by FNE in its review of the deal but it does not require the sale or divestiture of any AT&T or Time Warner assets.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    AT&T has an office in Santiago, Chile, and offers services including mobile and IP voice in the country as part of its larger presence across Latin America and the Caribbean region.

    In 2010, Time Warner bought television network Chilevision for US$150 million.

    With Chile’s approval, AT&T and Time Warner said they have received merger approval from 17 competition authorities outside the United States.

    Full Content: Fierce Cable

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.