Tag Archives: telefonica

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 [...]

Telefonica Brazil adds Amazon Prime Video on Vivo Play

The pay TV operator Vivo (brand under which Telefonica operates in Brazil) announced that, since this June 29th, it has integrated the Amazon Prime Video app on its Vivo Play platform, being the first Brazilian operator to offer this alternative. This way, Vivo TV subscribers in Brazil can access the Amazon Prime Video catalog from [...]

Telefonica and Atresmedia create Buendia Estudios to produce fiction content in Spanish globally

As announced in September 2019, Telefonica and Atresmedia are working together to create a joint venture to produce series and films in Spanish worldwide. As reported by the Spanish digital newspaper El Confidencial, the new company will be called Buendia Estudios and, as announced last year, it will be 50% owned both by Telefonica and [...]

Brazil loses 89 thousand pay TV subscribers in March

According to the latest Anatel report, Brazilian pay TV had a further drop and lost 89 thousand clients in March, to record a total of 15.38 million in the country. The figures are similar to those presented by the regulator in February, when, even without the  Coronavirus pandemic effects, Brazil lost 90,700 subscribers, and ended [...]

Telefonica increases IPTV accesses and records 739 thousand FTTH HPs in Brazil

In its Q1 2020 quarterly results report presentation, Telefonica recorded 753 thousand pay TV accesses via IPTV in Brazil, where it operates under the Vivo brand. The figure shows 38 thousand accesses more than the 715 thousand recorded at the end of 2019, and an increase of 136 thousand in relation to the 617 thousand [...]

Millicom cancels Telefonica’s operations acquisition agreement in Costa Rica

Millicom officially reported last May 2nd its decision to cancel Telefonicas operations acquisition agreement in Costa Rica, valued at USD 570 million and reached on February 20th, 2019. The company justified its determination supporting that, according to the agreement ran with Telefonica, in case of finding pending issues on the required regulatory conditions, as of [...]

Telefonica to sue Millicom for not acquiring its operations in Costa Rica

Telefonica announced that it will file a lawsuit against Millicom International Cellular (which operates in Latin America under the Tigo brand). According to the Spanish company, the decision is due to the fact that Tigo left the agreement to acquire its share capital in Costa Rica unfinished. This was confirmed in Madrid, in a document [...]

Disney launches Disney+ with Telefonica

The Walt Disney Company Iberia and Telefonica announced that Movistar will be the strategic partner for the distribution of Disney + at its launch in Spain. While the OTT has not yet launched in Latin America, Telefónica integrated Netflix and Amazon Prime Video in countries in the region, and is expected to offer its customers [...]

Telefonica records 1.3 million active accesses to Movistar Play in Latin America at Q4 2019

On its results report for the period January-December 2019, Telefonica reported that its video revenues were valued at 769 million (USD 857.9 million), and experienced a growth of 6.8% year-on-year, with 9.7 million accesses. The OTT Movistar Play recorded an 86% year-on-year growth in Latin America, where it had 1.3 million active accesses at [...]

Telefonica strengthens its FTTH and IPTV networks and loses DTH in 2019

On its January-December 2019 period results report, Telefónica reported that Vivo, its subsidiary in Brazil, has 36% of the broadband accesses already connected to its FTTH network, which already reaches 11 million HPs. Likewise, the company reported that IPTV accesses grew 23% year-on-year and recorded 715 thousand, and also remarked that, in Q4 2019, Vivo’s [...]