|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.8200 - 0.8200|
|52 Week Range||0.8000 - 1.1900|
|Beta (5Y Monthly)||0.30|
|PE Ratio (TTM)||13.67|
|Forward Dividend & Yield||0.03 (3.96%)|
|Ex-Dividend Date||Aug 25, 2022|
|1y Target Est||N/A|
The parent companies of Chilean telecommunication providers VTR and Claro Chile received regulatory approval to launch a joint venture to offer fixed and mobile services such as internet, pay television and text messages, the Chilean regulator said Wednesday. Parent companies America Movil and Liberty Latin America said last year they expected the joint venture to "enable significant investment for fixed fiber footprint expansion and to be at the forefront of 5G mobile delivery." To comply with antitrust concerns, Claro will transfer its satellite television service to a trustee, who will divest the service to a third party, the regulator said.
Oracle (ORCL) expands cloud offerings in Mexico with Telefonos de Mexico. The companies will jointly offer Oracle Cloud Infrastructure services to customers across the region.
Telefonica Brasil , TIM SA and America Movil's Claro announced on Monday they will start an arbitration procedure against Brazilian telecom Oi for a breach of contractual terms over the sale of its mobile operations. The three buyers had been seeking to lower the price they paid for the Oi division by 3.2 billion reais ($607.10 million), but Oi said it strongly disagreed with the request and would take measures to contest it.