Telefonica is the second largest telecommunications group in the region, by accesses and revenues. Pressured by the weight of its global debt, Telefonica will sell its assets in the nine markets grouped in Hispanic America. After nearly three years of deliberation on ways to reduce exposure, it will move forward on a country-by-country sale. According [...]
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 [...]
Days ago, the Salvadoran Competition Superintendency’s Board of Directors (CDSC) issued a resolution establishing conditions for America Movil to acquire Telefonica’s 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. [...]
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 [...]
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 [...]
The Honduran National Telecommunications Commission (Conatel) decided to postpone the deadline for the analog blackout’s 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 entity’s 04/19 resolution, published on December 26th, 2019, which established April 27th as the [...]
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 company’s 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, 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 No’s 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 [...]
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 [...]
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 [...]