Tag Archives: central america

Telefonica not to sell its subsidiary in El Salvador to America Movil

As officially reported from Europa Press, Telefonica announced this Thursday that it will not sell its subsidiary in El Salvador to America Movil, after the rules imposed on the operation by the Competition Superintendence, the Central American country’s regulator.. According to Europa Press, Telefonica and America Movil have decided to cancel the agreement for the [...]

El Salvador sets rules for America Movil to acquire Telefonica’s operations

Days ago, the Salvadoran Competition Superintendencys Board of Directors (CDSC) issued a resolution establishing conditions for America Movil to acquire Telefonicas operations in the country, where the company operates under the Movistar brand. Rules set by the Salvadoran regulator include both measures to be implemented before the transaction is made, as well as subsequent obligations. [...]

Telefonica sells its Costa Rican operations to Liberty Latin America

The Spanish company Telefonica announced on Thursday an agreement to sell its operations in Costa Rica with Liberty Latin America, valued at USD 500 million. The agreement took place after the frustrated negotiation with Millicom, which ended in a lawsuit made Telefónica against the company that operates under the Tigo brand in Latin America for [...]

Telefonica resumes its plans to sell its Costa Rican operations

After, in early May, Millicom refused itself to acquire Telefonica’s operations in Costa Rica (where it is known as Movistar), in an agreement valued at USD 570 million and ran in February 2019, the Spanish press reported that Telefonica began an asset analysis process in Costa Rica (known as ‘Due Diligence’) to make all the [...]

Honduras puts analog blackout off due to Coronavirus

The Honduran National Telecommunications Commission (Conatel) decided to postpone the deadline for the analog blackouts implementation in that country, which was scheduled for the end of this month, due to the advance of Covid-19 (Coronavirus). Conatel’s decision makes changes on the entitys 04/19 resolution, published on December 26th, 2019, which established April 27th as the [...]

Millicom strengthens its operations in Central America and expands its HFC network

In its Q3 2019 results report presentation, Millicom (Tigo) highlighted its growth in Central America and the acquisitions of Telefonica in Nicaragua and Panama, which increased the companys revenues by 10.8%, and the growth of its HFC clients in Latin America.  The third quarter of 2019 marked several important milestones for Millicom. First, we strengthened [...]

Never.no partners with Envision Digital Media to deliver audience engagement across Latin America and South America

Never.no, the award-winning audience engagement specialist, has announced a partnership agreement with Envision Digital Media Consulting, Inc. Based in Miami, Florida, USA, the media solutions company will license Never Nos core products and provide associated support services for broadcasters and content providers across the US Hispanic market, Mexico, Central America, South America, Caribbean Basin, Spain [...]

Telefe launches new webseries in partnership with MTV Latin America

The Argentine FTA TV channel Telefe is premiering the webseries LifeHackers, its first co-production with MTV Latin America, on its digital platforms. Starred ny Argentine youtuber Barbi Martínez and Mexican actor and influencer Kevin Rogers, the new webserie follows Vicky (Barbi) and Neto (Kevin), who decided to move together  for the first time and must [...]

Millicom invests in Panama and places itself as a telecommunications leader in Central America

After the acquisition of Cable Onda, the leading cable operator in Panama, and Movistar, the leading mobile operator in the country, Millicom is placed as a leader in the telecommunications market in Panama and Central America. As the company officially reported, Cable Onda serves more than 350 thousand residential customers and is the largest B2B [...]

Telefonica sells its Panamanian operations to Cable Onda

Once the relevant regulatory approvals have been obtained, Telefonica Centroamerica Inversiones S.L. announced it has sold the entire Telefonica Moviles Panama S.A. shares capital to Cable Onda S.A., Millicom International Cellulars subsidiary, for USD 594 million.  According to what the company officially reported, after closing this operation, Telefonica has completed the sale of three of [...]