Telefónica's $1.25 Billion Argentina Sale Faces Scrutiny from President Milei

In a significant development within the telecommunications sector, Spanish telecom giant Telefónica has announced the sale of its Argentine operations for a staggering $1.25 billion. This strategic move is part of Telefónica's broader agenda to streamline its business and shift focus to more profitable markets. However, the deal has not gone without public and political scrutiny, particularly from Argentina’s newly elected president, Javier Milei.

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