Tag Archives: telefonica

America Movil’s request to acquire Telefonica in El Salvador is declared ‘inadmissible’

Salvadoran Competition Superintendence (SC) declared inadmissible the economic concentration request that America Movil submitted on March 5th to buy Telefonicas shares in El Salvador, after the announcement made in January on the agreement to buy Telefonicas subsidiary in the country for USD 315 million. According to an official statement from the SC, America Movil was [...]

Millicom finishes its Telefonica’s acquisition in Nicaragua

Millicom announced that it has completed the acquisition of Telefónica Nicaragua mobile operations, the first of the three subsidiaries of the Spanish company that it bought last February together with the Panamanian and Costa Rican ones. The transaction was valued at USD 437 million With the acquisition, Tigo is adding about 4 million customers to [...]

Millicom’s total ARPU grows thanks to Cable Onda

Tigo (Millicom) presented its first quarter 2019 results report, in which the company informed that its Average Revenue per User (ARPU) increased in a 1.7%,  in line with a 0.6% increase in local currency terms year-on-year, as the impact of weaker currencies was offset by the favorable impact of consolidating Panama, where the company acquired [...]

Telefonica asks to avoid double taxes payment in Mexico

Finance and Public Credit Ministrys (SHCP) proposal to impose a tax to OTTs in Mexico from 2020 would also apply for Movistar Play, recently launched in the country. Telefonica wants to intervene in order to avoid being charged a double taxation for these services, because the company already pays a tax for its telephony offer. [...]

Telefonica to produce original series in Latin America

Telefonica announced it will produce original fiction series in Latin America. According to the company, the first three are being pre produced  in Colombia and Peru, and the first releases will be made during the second half of the year. The content will be available on Movistar Series, Movistar TV and Movistar Play. The offer [...]

Argentina holds local OTTs meeting

Buenos Aires Web Fest (BAWebFest), the first international web series festival in South America that brings together local and international projects marketed over the internet, had its 2019 edition in Argentina. One of the most outstanding sessions of the day was starred by Felipe Becerra (content manager of Telecom), Gustavo Castro (chief of contents of [...]

Venezuela adds DTH and loses pay TV subscribers

According to the figures telecommunications field report at the end of the second quarter 2018, presented by the National Telecommunications Commission (Conatel), Venezuelan pay TV  recorded 4,651,707 subscribers. These number means a 2.84% decrease in relation to the number of subscribers in the second quarter of 2017, which amounted to 4,787,451. The report mentions that, [...]

Netflix can be paid with Movistar invoice in Colombia

As part of a global agreement between Telefonica and Netflix, from March Colombian Movistar customers will be able to pay their subscriptions to the OTT platform and Movistar Play plans in a single invoice. The possibility is available for customers with Movistar Homes contract and  mobile postpaid, with Movistar Play included. Those customers who wants [...]

Telefonica grows in OTT and IPTV and loses DTH subscribers

According to the 2018 results report presented by Telefonica, the company recorded 945 thousand OTT subscribers and had a 835 thousand clients growth in IPTV and cable TV. Totally, in addition to OTT subscribers, the company added 408 thousand net in pay TV last year. Telefonica considers Latin American and European Movistar Plays app customers [...]