---
title: "Key facts: Telefónica sells Mexico 450M, exits LatAm; Movistar+ cleared"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281958385.md"
description: "Telefónica (TEF) sold Chile and Colombia units and aims to exit Venezuela to focus on Spain, Brazil, UK and Germany. EU regulation could affect future deals; 2025 net loss €4.3B.1Telefónica agreed to sell Telefónica México to Melisa Acquisition for $450M as part of its divestment plan; deal value reported at $450M.2Spain regulator rejected Vodafone Spain’s complaint that Telefónica’s Movistar+ had an exclusivity deal with Disney+. No evidence of anti-competitive conduct was found in the probe.3"
datetime: "2026-04-08T02:04:44.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281958385.md)
  - [en](https://longbridge.com/en/news/281958385.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281958385.md)
---

# Key facts: Telefónica sells Mexico 450M, exits LatAm; Movistar+ cleared

-   Telefónica (TEF) sold Chile and Colombia units and aims to exit Venezuela to focus on Spain, Brazil, UK and Germany. EU regulation could affect future deals; 2025 net loss €4.3B.1
-   Telefónica agreed to sell Telefónica México to Melisa Acquisition for $450M as part of its divestment plan; deal value reported at $450M.2
-   Spain regulator rejected Vodafone Spain’s complaint that Telefónica’s Movistar+ had an exclusivity deal with Disney+. No evidence of anti-competitive conduct was found in the probe.3

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