All Colombia articles – Page 3
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Partnerships & Alliances
Prosegur extends Telefónica tie-up into Colombia
OB distributing security services in three cities, with aim to strengthen customer retention. Telefónica supporting Prosegur’s LatAm expansion plans, with large growth opportunity anticipated. Collaboration now extends beyond Movistar Prosegur Alarmas JV in Spain.
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Strategy & Change
Elsewhere in Telefónica Hispanomérica: Colombia FTTP drive; Telefónica Peru divests Red Digital stake
FTTP investment continues in Colombia; Telefónica exits digital transaction platform in Peru.
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Network & Infrastructure
Internet Para Todos hits two million milestone
More than two million people now connected to ‘high-speed’ internet connectivity in Peru. 2020 target of reaching 13,000 rural communities pushed back a year. Network laying groundwork for the provision of new e-learning tech for Peruvian schoolchildren.
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M&A
Telefónica Colombia dials up DIRECTV buyout
DIRECTV internet services customer base and spectrum to be acquired under agreement, pending regulatory approval. Deal indicates “commitment” to Colombia despite rumblings of an exit, says CEO Hernández.
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Strategy & Change
Elsewhere in Telefónica Hispanomérica: inclusive digitalisation at the fore
Colombia CEO Hernández calls for inclusive digitisation, while Peru’s Internet para Todos notches another 4G reach milestone.
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Venturing & Investments
Two Movistar Money ventures set for take-off
Consumer finance business green-lighted for launch in Colombia, enabling Group to extend partnership with stakeholder BBVA. Telco also heading trials of similar personal loan service in Mexico, with Banco Sabadell on the scene. Both moves continue recent refresh of Telefónica’s financial services partnerships.
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M&A
Liberty homes in on Telefónica units in Colombia and Ecuador
Reports suggest that Liberty Latin America is stepping up its acquisition strategy, and could enable Telefónica to tick two more boxes on its regional divestment list.
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Partnerships & Alliances
Telefónica and BBVA tie on Movistar Money joint venture
Consumer finance business green-lighted for launch in Colombia. Group extends partnership with stakeholder BBVA. Move continues recent refresh of Telefónica’s financial services partnerships.
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Strategy & Change
Elsewhere in Telefónica Hispanoamérica: spectrum plans firm up
Novator challenge builds; Telcel Mexican dominance resisted; Peruvian fines upheld.
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Network & Infrastructure
Internet para Todos works Altiostar ties to hone in on Colombia
Regionwide, Internet para Todos is chasing goal of bringing connectivity to 100 million people across South America. Longstanding ambition of expansion beyond Peru now being realised. Altiostar sole enabler in Colombia, but part of a wider supporting cast elsewhere.
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Strategy & Change
Elsewhere in Telefónica Infra-Tech: ElevenPaths partners Subex; TIWS taps Hivelocity
TIWS links with Hivelocity; Telefónica backs airport digitalisation; Enovate brings utility-focused AI to Colombia.
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Strategy & Change
Elsewhere in Telefónica Hispanomérica: Claro hits competition woes; Movistar partners Avantel
Fighting AM dominance in Colombia; data abuses in Peru.
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Network & Infrastructure
Movistar signals interest in Colombian 5G spectrum
Operating business highlights plans to beef up its 5G spectrum platform, despite ongoing suggestions parent Telefónica is keen to reduce ties to the Colombian market.
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Premium
Government seeks sale of 32.5% Coltel stake — report
Government sale stirs speculation about Telefónica Colombia exit.
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Analysis
Elsewhere in Hispanoamérica: Telefónica Argentina taps Gilat for network and builds for Pecom
In Colombia, Movistar makes a mark in the mobile market and Telxius bags an infrastructure contract worth €60m. Telefónica’s Internet para Todos hits its coverage targets in Peru.
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Premium
Movistar Play IPTV platform gets Colombian original series
Telefonica premiered its first Colombian-made original series on the Movistar Play IPTV platform in mid-April 2020.
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Premium
Colombia spectrum auction needs “clear and permanent rules” - Telefónica Colombia CEO
Hernández, Telefónica Colombia CEO, called on MinTIC to enforce “clear and permanent rules” to help market development amid spectrum auction farce.
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Strategy & Change
Telefónica hits ground running with restructuring plans
Hispanoamérica expected to be put on a par with Partners Program operators as Group prepares for sale and encourages local independence. Latin American billionaires float a majority stake acquisition of local assets, with Telefónica a minority shareholder, but individual OB sales still a prospect. Morgan Stanley working on Telefónica ...
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Premium
Telefónica steps back from Colombia auction
Despite making a fuss to get auction terms changed, Telefónica ultimately abstained from the latest 4G spectrum sale. Speculation that the decision was influenced by Group distancing of most Latin American assets, and the potential of a sale of the Colombia business.
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Premium
Telefónica continues mast sales in Hispanoamérica
Group following through with plan to monetise infrastructure as new structure beds in.
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