All South America articles
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M&ATelecom deal gives Telefónica an Argentinean escape hatch
Telefónica announces a swift, abrupt — and seemingly final — exit from Argentina, progressing bid to scale back its regional footprint in Hispam, and reduce risk. While Telefónica Argentina sale attracts criticism from President Javier Milei, Telefónica indicates it is protected from any fallout.
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M&ANew Telefónica leadership wields hatchet on Hispam
Under new CEO, Group is on accelerating regional retreat, with at least four of Hispam division’s nine markets now in M&A spotlight. Exits being explored in Colombia, Mexico, and Argentina — representing well over half of Hispam revenue base. Peruvian business is placed in insolvency, meanwhile, after sale and infra separation plans stall.
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Network & InfrastructureTelefónica tops up on 5G spectrum in Venezuela
Telefónica Venezuela and Digitel acquired mid-band spectrum in the country’s 5G auction, but other frequencies on offer were left on the table.
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Network & InfrastructureTelefónica and Millicom push net-share on-button in Colombia
Groups’ local operating businesses cite coverage and capacity benefits as they turn on unified 3G and 4G grid.
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Public AffairsTelefónica dismisses execs over Venezuela bribery fines
Operator disciplines and parts with key staff after the US Department of Justice fines operating businesses, citing collusion with two vendors to bribe government officials. Read more…
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Partnerships & AlliancesOne in, one out as SBA shakes up tower portfolio via M&A
US-based wireless infra group puts Philippines business up for sale after netting a 7,000 tower buy from Millicom in central America.
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Products & ServicesTelefónica Argentina goes live with first multi-Gig fibre offering
Operating business now offering symmetrical speeds of up to 2Gbps for first time, with Wi-Fi 6 router and optional TV bundling available. Service goes live in select regions as operator continues to expand fibre access across Argentina…
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Strategy & ChangeBrazil’s Telecall preps to take on Colombia’s ‘big four’ — report
New entrant tipped to launch 5G SA services by June 2025, despite co-founder Bruno Ajuz sharing major players’ perspective of a challenging market environment. Read more…
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Network & InfrastructurePeru plans to offer ‘free’ 5G spectrum in return for coverage
New government decree outlines measures designed to help Telefónica Peru, Bitel, Claro, and Entel accelerate 5G rollout.
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M&AColombia’s Claro ‘backs Telefónica–Tigo merger’ to shake up market
Operator gives blessing for Telefónica Colombia and Tigo to merge operations, adding to calls for change in Colombia’s challenging telecoms environment. Read more…
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M&ABrazil’s Vivo eyes B2B cloud expansion with IPNET buy
Operator acquires Google Cloud-certified service provider as it seeks to further grow digital B2B ecosystem.
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Products & ServicesDeutsche Telekom adds 5G FWA to Brazilian B2B play
Deutsche Telekom Global Business Solutions Brazil plans to offer fixed‑line alternative later in 2024.
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OperationsTelefónica’s FiBrasil enhances OSS in open fibre take-up drive
Brazilian fibre JV with CDPQ highlights AI, automation, and open APIs as key technologies to lure new customers and tenants to neutral host network. Driving huge wins across sales and tenant onboarding. Learn more…
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Products & ServicesBrazilian watchdog puts Vivo’s AI chatbot under the microscope
Brazilian regulator Anatel investigating Vivo’s use of AI in customer service, citing privacy and security concerns.
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M&AVivo in talks to buy FibreCo Desktop, advance consolidation — report
Brazil’s largest integrated operator reportedly sounding out São Paulo-focused fibre specialist for acquisition. Move would could kick up country’s fibre consolidation and add a million to Vivo’s strategically important fixed-broadband customer base. Read more…
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Venturing & InvestmentsWayra, BancoEstado launch fintech startup call
Telefónica’s open innovation unit seeking out fintech entrepreneurs and startups alongside Chilean bank. Move reinforces Wayra’s interest in fintech and follows several investments in sector over last three years. Read more…
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Partnerships & AlliancesTelefónica Mexico extends network-sharing deal with AT&T
The original 2019 agreement has been extended by three more years.
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Strategy & ChangeTelefónica said to refinance struggling Peruvian biz again
Group reportedly approves capital reduction and further investment in the country, as unit continues to seek a turnaround after reporting sales and earnings declines in FY23…
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Financial & PerformanceVivo affirms loyalty payback of ‘beyond telco’ strategy
Brazilian operator’s Chief Executive Christian Gebara pledges to continue widening portfolio of non-telco services in areas such as health, energy, consumer electronics, and lending.
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Financial & PerformanceTelefónica Hispam points finger at Peru after FY23 earnings dip
Hispam unit soldiers on with asset-light model, although FY23 sees an unwelcome dip in figures…