Alfa Has yet to Get a "Acceptable Offer" Because of Its Telecommunications Division -Executive Summary | Livingsights

Alfa Has yet to Get a “Acceptable Offer” Because of Its Telecommunications Division -Executive Summary

Alfa Has yet to Get a "Acceptable Offer" Because of Its Telecommunications Division -Executive Summary
Written by Rajesh Tamada

Mexico’s Alfa has still not received an appropriate offer for telecommunications subsidiary Axtel, Chief Financial Officer Eduardo Escalante said in a call with investors on Wednesday.

Mexico’s Alfa has still not received an appropriate offer for telecommunications subsidiary Axtel, Chief Financial Officer Eduardo Escalante said in a call with investors on Wednesday.

Escalante said Alfa, which is looking to downsize its portfolio, values Axtel’s infrastructure business in the low double digits, and the services portion in the mid-single-digit range.

News Source: Wtvbam