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Chile The value of Latin internet subscribers is at the heart of a controversy that is raging in Chile and further worsening relations between this part of Latin America and Spain. Minority shareholders in Chile’s former telephone monopolist, Telefónica CTC Chile, are complaining that the company’s largest shareholder, Spain’s Telefónica, has not given them a fair deal. Last month Mark Mobius, president of Templeton Emerging Markets, which owns ADRs in Telefónica CTC Chile, threatened to sue Telefónica for compensation. |
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