Bahamondez, Alvarez & Zegers is currently advising the seller in both corporate and regulatory matters regarding the purchase of Transam to Entel" - DLA PIPER CHILE

Chile’s Barros Letelier & Cía has advised Entel Telecomunicaciones in its purchase of fellow telecoms company TransAm Comunicaciones and its affiliate, wireless services provider Will.

Vergara & Labarca assisted TransAm in the purchase contract and deal structuring while Bahamondez, Alvarez & Zegers advised the company on corporate and regulation issues.

According to the stock purchase agreement, which closed last week, Entel will acquire 100 per cent of the shares for some US$27 million. However, the parties are still negotiating a possible price adjustment.

Barros Letelier also assisted Entel in a 2009 case where the Supreme Court ruled in favour of establishing a spectrum limit for existing mobile phone operators wishing to bid for new 3G license concessions.

Counsel to Entel

•Barros Letelier & Cía

Partner Max Letelier and associates David Nuñez and Olivia Humphreys

Counsel to TransAm

•Vergara & Labarca

Partner Sebastian Oddo

•Bahamondez, Alvarez & Zegers

Partner Rodrigo Alvarez and associate Mauricio Halpern