The Competition Superintendence (CS) admitted for analysis the acquisition authorization request filed by the companies Amnet Telecommunications and Telefonica Multiservicios, S. A. de C. V., for the purchase by Amnet of the clientele portfolio and certain assets belonging to Telefonica Multiservicios, directly related in rendering telephony and internet services.

1. Press Release C. 08-12
El Salvador, February 13th, 2012.
CS admitted for analysis acquisition authorization
request between AMNET and Telefonica Multiservicios
The Competition Superintendence (CS) admitted for analysis the acquisition authorization request
filed by the companies Amnet Telecommunications and Telefonica Multiservicios, S. A. de C. V., for
the purchase by Amnet of the clientele portfolio and certain assets belonging to Telefonica
Multiservicios, directly related in rendering telephony and internet services.
The CS admitted for analysis the acquisition authorization request filed by
“The CS must carry the companies Amnet Telecommunications, Ltda. de C. V., hereinafter
out a technical, legal, AMNET, and Telefonica Multiservicios S. A. de C. V., hereinafter
and economic Telefonica Multiservicios. This is the third authorization request filed by
analysis in order to these companies.
determine if the
operation will or will The Board of Directors (BD) issued a resolution requesting the petitioners to
not significantly limit present the necessary information and documentation for the preliminary
competition. admissibility and for the technical, legal, and economic analysis that must
Pursuant to this be carried on in order to determine if the operation will significantly limit
analysis, the CS has competition. All the aforementioned pursuant to articles 14 letter e), 31,
been legally 32, 33, 34, and 35 of the Competition Law (CL) and articles 25 and 26 of
empowered to its regulations (CLR).
authorize, condition,
or deny the merger According to the Competition Superintendent, Francisco Diaz Rodriguez,
or acquisition”, the above cited request was completed satisfactorily by the petitioners by
asserted Francisco means of a writ and documentation filed on January 25th, 2012.
Diaz Rodriguez, Consequently, the BD admitted the authorization request for analysis.
Competition
Superintendent. Pursuant to Article 28 of the CLR, the CS may request information from
other economic agents related to the merger or acquisition in order to
obtain the necessary inputs for a profound and detailed analysis.
The CS has 90 calendar days to issue a resolution pertaining to a merger or acquisition in accordance to
Articles 35 of the CL and 27 of its regulations.