All Millicom International Cellular articles – Page 3
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Premium
Elsewhere in Telefónica Group: Álvarez-Pallete’s “digital slavery” warning
Álvarez-Pallete issues stark warning over “digital slavery”; Group connects to Wi-Fi network.
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M&A
Telefónica concludes Central American exit with El Salvador sale
General International Telecom’s $139m transaction completed. Sale goes through at the second attempt after an agreement with América Móvil collapsed in 2019.
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M&A
Group’s Central America withdrawal complete
El Salvador’s Superintendencia de Competencia gives Group green light to exit the market through transaction announced with General International Telecom in autumn. No conditions attached to approval, unlike earlier deal with América Móvil that ended up collapsing. Deal is final of five regional sales by Group.
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M&A
Telefónica nearing Uruguay exit?
New suitor emerges as Telefónica considers bid for Uruguayan unit. Local politician leading acquisition push on behalf of consortium partners. Reported bid falls some way short of independent valuation.
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M&A
Telefónica (finally) exits Costa Rica
Group finalises long-awaited divestment. Final transaction price is $538m, around $40m short of previously agreed deal. Movistar marque utilised by Liberty as it pursues multi-brand strategy in Costa Rica. Former Movistar Costa Rica exec to head operations.
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Strategy & Change
Elsewhere in Vodafone Africa: Vodacom debuts new products
Safaricom rival Ethio making hay in m-money; Vodacom debuts new products in youth market and SMME lending; Aziz back on radar in Tanzania.
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Green light for Telefónica Costa Rica exit ‘take two’
Liberty Latin America purchase secures regulatory approval. Telefónica’s drawn-out Centroamérica exit takes another small step forward.
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M&A
Suitor emerges for Telefónica Uruguay
Grupo Olmos, Argentinian healthcare, insurance, and media conglomerate, formalises intention to enter negotiations for the OB. Former Telefónica Espana CEO Gipérez appointed to “lead” acquisition project.
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Strategy & Change
Elsewhere in Vodafone Africa: Safaricom’s data centre refresh
Safaricom plans data centre refresh; Millicom backs out of Tanzania.
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Digital Reports
Telefónicawatch Report #152 – March-April 2021
Key stories include: FibreCos kickstarted | Schüler secure top VM-O2 job | Suppliers pressed on sustainability | Hansen wins Germany role | Huawei and Nokia test 400G
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Public Affairs
Telefónica softens Millicom litigation demands
Millicom calls to dismiss legal case ruled out by Supreme Court. Telefónica dampens demands to instead seek damages. Litigation remains in motion.
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Premium
Q4 FY20: New Telekom CEO wants to muscle-up on fibre
Gopalan gets top-level billing in Q4 session as leadership shows confidence in new CEO to up DT’s domestic game. Group resets fibre mega-project goals. Apparently more sustainable FTTH plan puts ultrafast as central plank of future go-to-market strategy. New entity GlasfaserPlus emerges within Gopalan toolset. First signs emerge of ...
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People
Telekom Deutschland’s Gopalan reshuffles top team
Reorganisation targets greater synergies between Europe and Germany segments. Telekom Deutschland CEO Gopalan brings trusted lieutenant Almeida to Germany, to push key strategies. Abrahamson to lead newly-combined Product Management & Digitalisation unit. Hagspihl returns to Höttges’ side with Strategic Projects mandate.
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M&A
Telefónica seeks suitor with Chile exit in pipeline
Speculative report suggests Group is ready to relinquish interest in a key pillar of its Hispam unit as monetisation plans evolve. Liberty flagged as front runner, although may face regulatory challenges, and other runners and riders not ruled out.
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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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Strategy & Change
Could Telefónica exit Uruguay next?
Telecom Argentina reportedly mulling play for the Group’s local unit. Telefónica executives stress they remain open to all options to reduce its exposure in the Hispanoamérica region. Group continuing to experience frustrations in snakes-and-ladder-esque regional divestment programme.
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People
Vi’s Vora joins Mavenir leadership
Former Vi CTO Vishant Vora appointed executive President at Mavenir. Helping open RAN pioneer build out 5G proposition. Troubled Vi left to fight its own fires.
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