Telefónica Group’s $3.5 Billion Restructuring Process in Chile

Guerrero Olivos assisted Telefónica Group in a major corporate restructuring process worth EUR3.5 billion. The restructuring was made to simplify the corporate structure, reduce costs and move forward to a more efficient business platform.

Telefónica, S.A. provides mobile and fixed communication services primarily in the European Union and Latin America. The company, led by José María Álvarez-Pallete López is based in Spain.

Guerrero Olivos has advised Telefonica with a team including Jorge Delpiano (Picture), Miguel Coddou, César Gálvez and Sebastián Marambio.


Involved fees earner: Jorge Delpiano Kraemer – Guerrero Olivos; Miguel Coddou Astrain – Guerrero Olivos; César Gálvez Tobar – Guerrero Olivos; Sebastián Marambio Martínez – Guerrero Olivos;

Law Firms: Guerrero Olivos;

Clients: Telefonica;


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Author: Ambrogio Visconti.