Tag Archives: Movistar

Telefónica sells Movistar in El Salvador to General International Telecom

Telecommunications company Telefónica reached an agreement with General International Telecom for the sale of its Movistar unit in El Salvador. After the failed business with América Móvil in 2019, the operation could finally be carried out in exchange for USD 144 million from the British company. As explained by the telco, the contract involves all [...]

Supercanal shareholder offers to buy Movistar Uruguay for almost USD 400 million

Uruguayan businessman Edgardo Novick, minority shareholder of Supercanal, a pay TV and internet operator in 17 Argentine provinces, offered around USD 400 million for the purchase of Movistar Uruguay. Novick is also president of the Partido de la Gente party, a political force that is part of the Uruguayan government coalition. Last July, the country’s [...]

IPTV represents 51.3% of Movistar’s total TV accesses in Chile at the end of Q2 2021

As part of its Q2 2021 financial results report presentation, the telecommunications company Telefonica, whose operations in Chile and the rest of Latin America, except for Brazil, are branded as Movistar, reported that fiber accesses (FTTH) in Chile grew 62.7% year-on-year. According to the information reported, the company ended June with 974 thousand FTTH accesses. [...]

Movistar features almost 250 thousand IPTV clients and strengthens FTTH deployment in Colombia

As part of its Q2 2021 results report presentation, the telecommunications company Movistar Colombia (Telefonica) reported that its IPTV offer ended the period with 247 thousand subscribers (a figure that means a 79.6% year-on-year growth). Likewise, Movistar TVs clients  totaled 527 thousand at the end of the period. In relation to the company’s fixed business, [...]

Telefonica may sell part of its FTTH network in Peru

Telecommunications company Telefonica, whose operations in Latin America are known under the Movistar brand, is negotiating to sell part of its FTTH network in Peru. The information was reported on several specialized websites, including the Spanish economic newspaper Cinco Dias web version The news came after, in November 2020, Movistar Peru announced the creation of [...]

Costa Rican President allows Liberty Latin America to acquire Telefonica’s operations in the country

Telecommunications companies Liberty Latin America and Telefonica have officially announced this last Monday, August 2nd that Costa Rican President, Carlos Alvarado Quesada, has allowed  the sale of Telefonicas operations in the country -where they are known as Movistar- to Liberty Latin Americas 80% subsidiary, Cabletica. Both companies expect the transaction to be closed in mid-August. [...]

Movistar Colombia to create new company to deploy FTTH with KKR and plans to reach 4,3 million HPs in three years

Telecommunications company Telefonica, whose operations in Latin America are branded as Movistar, has officially announced this last Friday, July 16th, a new partnership agreement with the Kohlberg Kravis Roberts (KKR) investment fund to create a new company, which will be in charge to deploying FTTH in Colombia. According to the officially reported information, the aim [...]

Telefonica Peru requests Osiptel to reconsider its resolution and reports that the regulator distorts competition in the country’s pay TV market

Telecommunications company Telefonica Peru, where, as in the rest of the Latin American countries where it operates, it does so under the ‘Movistar‘ brand, has officially announced this last Monday, July 12th, that it has requested the Peruvian Organismo Supervisor de Inversion Privada en Telecomunicaciones (Osiptel), entity in charge of regulating the public telecommunications services [...]

With more than 3.3 million subscribers at the end of Q1 2021, Chile continues to increase its pay TV subscriber base for the third consecutive quarter

According to the latest figures reported by the Chilean Subsecretaria de Telecomunicaciones (Subtel), the entity in charge of regulating the telecommunications market in the country, the pay TV industry continues to rise and ended Q1 2021 with a total of 3,304 million subscribers. This way, the market manages to keep a positive balance in terms [...]

Telefonica Peru is identified as a dominant pay TV player and must share its network with other operators

Peruvian Organismo Supervisor de Inversion Privada de Telecomunicaciones (Osiptel), in charge of regulating the countrys telecommunications market, has officially announced this last Thursday, June 18th, that Telefonica del Peru has a dominant position in the pay TV market, specifically in the cable TV offer.  The announcement took place after the entity made a market analysis, [...]