Argentine Court Overturns Javier Milei’s Suspension, Lets Telecom Proceed With Telefónica Acquisition; Telefónica, MasOrange Eye Vodafone Spain

An Argentine court has ruled in favor of Telecom in its appeal against the government’s suspension of its acquisition of Telefónica. The judiciary revoked a government measure initially imposed by Economy Minister Javier Milei that had blocked the transaction, allowing Telecom to proceed with the integration of Telefónica’s operations in Argentina. This legal decision marks a new development in the ongoing dispute over the telecommunications sector in the country. Separately, Telefónica and MasOrange are reportedly in informal discussions about a potential joint bid to acquire Vodafone Spain, signaling possible further consolidation in the Spanish telecom market.