Tag Archives: telefonica

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 increases IPTV accesses despite losing pay TV subscribers in Latin America

As reported by Telefonica on its January-June 2020 balance sheet, officially published at the end of July, the Spanish company ended the first half of the year with increases in its IPTV client base in Latin America, including Brazil, despite the fall in pay TV subscribers it experienced in the region. In Latin America, including [...]

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 [...]

Colombia aims to sell its stake in Telefonica

The Colombian Government is trying to sell the state’s 32.5% stake in Telefónica’s subsidiary in the country, according to several specialized websites. According to the Spanish newspaper La Información, the operation is expected to take place in the short or medium term, once an adequate market window is identified. Colombia had already tried to sell [...]

Vivo launches FTTH plans with Netflix subscription included

Telefónica launched in Brazil (where it operates under the Vivo brand) from last July 20th new plans for its FTTH internet customers, with Netflix subscription included. The initiative is similar to the one promoted by the Vivo Selfie package, which includes mobile phone plans with subscriptions to platforms such as Netflix, Rappi or Spotify. In [...]

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 [...]