All Latin America articles – Page 10
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Operations
Brazil’s Oi demands buyers set aside cash in valuation dispute
Operators seemingly surprised by court order that requires BRL 1.5bn to be placed in holding account while valuation dispute resolved.
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Partnerships & Alliances
Wayra Hispam backs urban logistics startup Moova
Telefónica’s innovation hub supports Argentinian startup in latest investment round.
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M&A
Telefónica hives off Argentinian assets from Hispam division
Group approves creation of TLH HoldCo, an “independent economic unit” registered in Spain, to house its interests in Telefónica Móviles Argentina and Telefónica de Argentina.
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Network & Infrastructure
Telefónica Mexico completes migration to AT&T’s network
Traffic transferred to AT&T on time as part of 2019 network-sharing deal.
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Elsewhere in Hispanoamérica: Venezuelan state ups phone tapping
Venezuelan state quadruples phone tapping requests to Telefónica.
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Telefónica taps Telesat for 5G orbit launch
US satellite operator Telesat joins Telefónica for 5G LEO trial. Non‑terrestrial 5G seen to be nearing fibre connectivity, with “compelling value proposition” for broader rollout.
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Public Affairs
Telefónica dragged to fringes of Colombian election fraud claims
Spain’s far-right political party Vox has called into question the role of integrator Indra Sistemes in Colombia’s elections, also bringing other Spanish companies into the spotlight.
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Elsewhere in Hispanoamérica: Mexico to reap rewards of AT&T migration from November
AT&T network migration to start making cost savings for Telefónica Mexico from November 2022.
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Telefónica signs OneWeb to strengthen rural coverage
Low-Earth orbit satellite provider OneWeb signs MoU with Telefónica Global Solutions to deliver cellular backhaul in Europe and Latin America.
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Financial & Performance
Movistar Prosegur Alarmas remains on growth path
MPA customer numbers increase almost 50% in first quarter, although ARPU is lower.
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M&A
Telefónica remains open to Hispam M&A
Group says it remains focused on “modulating exposure” to unpredictable regional markets. Executives will consider further deal opportunities, despite appearing much more comfortable with exposure levels. Turnaround programme launched in 2019 providing “very solid results”. Hispam still not seen as ‘core’ territory.
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Venturing & Investments
Telefónica takes stake in deep-tech investment fund
Leadwind, launched between Telefónica and K Fund last year, raises €140m in first closing. Telefónica named largest private backer, with Spanish government’s innovation fund among public support.
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Telefónica sets vision for rural connectivity
Internet para Todos joint venture inspires regional, rural manifesto. Proposed changes include calls for regulatory change and investment incentives. Lessons learnt in neighbouring markets implemented in IpT’s Peru home.
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M&A
Former Telefónica business Atento seeks sale — reports
LatAm contact centre operator hires Goldman Sachs to advise on options, with sale on the table, according to Bloomberg. Telefónica partner and former subsidiary sees share price spike on news.
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Financial & Performance
Movistar Prosegur Alarmas revs customer growth
Telefónica’s home security joint venture partner Prosegur pleased with performance and value created from MPA in Spain. Good start for Telefónica partnership in Colombia, as Prosegur looks to replicate Spanish JV model in Latin America.
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M&A
Nabiax mulling sale of ex-Telefónica data centre bundle
Business set up through Asterion–Telefónica partnership reported to be assessing demand for set of eleven data centres in Americas. Move appears to shift focus of Nabiax, and its commercial tie-up with Telefónica, towards Spain. Centres were picked up in 2019 and 2021, as part of Telefónica’s trimming of Hispam ...
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Premium
Telefónica Innovation & Venturing Roundup: Wayra investments showing growth
Wayra highlights growth in 2021’s investments; Wayra Chile completes exit; Telefónica takes EU funds for innovation hub.
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M&A
Regulator approves Oi sale
Decision confirmed, subject to conditions, after Brazilian regulator Anatel postponed ruling last week. A board member had asked for additional time to review sale to a consortium featuring Telefónica|Vivo, Claro Brasil, and TIM Brasil. Final approval still required from competition authority CADE.
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Network & Infrastructure
Telefónica’s PangeaCo begins operations in Peru
Telefónica appears to have failed to find an investor for the Peruvian FibreCo. Political situation may have complicated efforts to find a partner.
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Elsewhere in Hispanoamérica: Movistar battles it out with WOM over fibre
Telefónica Chile wins over WOM in fibre building showdown; OB performs first remote 5G mammogram in region.