The Competition Tribunal approved the operation brought forward by Telefónica Móviles S.A. of Spain, and BellSouth Chile, Inc. and BellSouth Chile Holdings, Inc., stating that, even though it implies a greater concentration in a market with clear barriers to entry, it would not tend to block, restrict or hinder free competition, given the technical and economic characteristics of the mobile telephony market, supply and demand forces that operate in it, and the vertiginous technological change.
Nevertheless, the Tribunal established a series of conditions that the companies must comply with.