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U.S. Consortium to acquire Movistar Mexico

Apr 08, 2026

Acquiring Company

Solstice Gold

Acquired Company

Movistar Mexico

VancouverMexico CityHardwareMiningPrecious MetalsMineralMining TechnologyHardwareCall Center

Description

A U.S.-led consortium has agreed to acquire Movistar Mexico from Telefónica S.A. This transaction positions Movistar Mexico for growth with OXIO's Telecom-as-a-Service platform. The company will continue to operate under the Movistar brand with its current management, ensuring service continuity during the transition.

Quick answer

Solstice Gold is acquiring Movistar Mexico, announced April 7, 2026. Solstice Gold is based in Vancouver, British Columbia, Canada.

How much did Solstice Gold pay for Movistar Mexico?
The deal value was not disclosed.
What does Solstice Gold do?
Solstice Gold Corp. is a mineral exploration company focused on advancing gold projects in Canada.
Where are Solstice Gold and Movistar Mexico based?
Solstice Gold is based in Vancouver, British Columbia, Canada. Movistar Mexico is based in Mexico City, Mexico.

Source: Fundz verified event record.

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Company Information

Company

Solstice Gold

Location

Vancouver, British Columbia, Canada

About

Solstice Gold Corp. is a mineral exploration company focused on advancing gold projects in Canada. The company aims to discover and develop high-grade mineral deposits in historically rich mining regions. Their projects leverage modern exploration techniques to enhance resource potential.

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Frequently asked

Who acquired Movistar Mexico?

Movistar Mexico was acquired by Solstice Gold, based in Vancouver. The deal was reported on April 8, 2026. Solstice Gold Corp. is a mineral exploration company focused on advancing gold projects in Canada. The company aims to discover and develop high-grade mineral deposits in historically rich mining regions. Solstice Gold is privately held and operates in Hardware.

When did Solstice Gold acquire Movistar Mexico?

Solstice Gold's acquisition of Movistar Mexico was reported on April 8, 2026. A U.S.-led consortium has agreed to acquire Movistar Mexico from Telefónica S.A. This transaction positions Movistar Mexico for growth with OXIO's Telecom-as-a-Service platform. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Movistar Mexico do?

Movistar Mexico is a telecommunications company owned by Telefónica S.A. It has a strong brand presence and serves over 20 million customers. It is privately held, operating in Hardware, and is based in Mexico City.

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