All South America articles – Page 3
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Strategy & Change
Vivo makes ESG linked remuneration overhaul
New reward plan to support retention of key executives, incorporating ESG measures.
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M&A
Telefónica and KKR look to purchase Entel fibre assets
ON*NET Fibra, the pair’s JV, could acquire infrastructure for almost $360m.
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Telefónica plans $270m investment in Venezuela
Telefónica sees opportunity to benefit from nascent economic recovery.
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Network & Infrastructure
Vivo joins with competitors to provide 4G on Rio’s subway
Telco unites with Claro and TIM to offer “full” coverage to Brazilian subway.
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Elsewhere in Telefónica Hispanoamérica: Tf Peru comes last in Osiptel’s customer service ranking
Work to do in Peru on customer experience and data, as Telefónica ranks last in regulator’s service ratings; Osiptel orders cleansing of up to 400,000 bogus accounts.
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Strategy & Change
M-PESA boss eyes South American tie-up
Flagship service’s MD receiving “a lot of interest” from possible LatAm partners.
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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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Elsewhere in Telefónica Hispanoamérica: Eco Rating Scheme introduced across markets
Eco Rating system extended to Hispam; Chile preparing for 5G auction; FTTP rival Mundo acquired by DigitalBridge.
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Elsewhere in Brazil: Vivo goes Solar
Vivo opens new solar energy plant; invites 150 staff to participate in DNA in Action CX programme.
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Vivo adds five million to FTTP target
2024 target upped to 29 million premises passed thanks to multi-pronged deployment strategy and cut-price rollout costs. Partnerships highlighted as key to increased ambition.
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M&A
Telefónica sells El Salvador unit at the second attempt
Honduran financiers acquire Telefónica El Salvador for a cut-price $144m following breakdown of negotiations with América Móvil in 2020. Move completes Telefónica’s exit from Central America.
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Strategy & Change
Elsewhere in Telefónica Hispanoamérica: Argentinian OB rues State interference
State interference continues to plague Argentinian OB; mobile licence renewals discussed in Ecuador.
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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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Strategy & Change
Election turmoil clouds Movistar’s Peruvian future
A left-wing candidate could become Peru’s next president with suggestions that nationalisation may be on the agenda.
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Telefónica strengthens ties with Hispasat
Telefónica Hispanoamérica placing increasing focus on fibre and IPTV.
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Telefónica Empresas heads south in FON win
SUBTEL awards Telefónica’s enterprise unit the South macrozone in state-subsidised fibre project to narrow digital divide.
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Hispam taps Vubiquity for Movistar Play content
Amdocs Media company expands Telefónica footprint from Brazil to Hispam. Vubiquity provides content acquisition for Movistar Play.
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Partnerships & Alliances
Vivo to build telemedicine presence with Teladoc
Teladoc Health partners with a second Telefónica core market to launch Vivo’s telemedicine and wellness platform. E-health proposition marks another step into a “digital ecosystem” for Vivo. Brazilian JV on the cards, if results go the right way.
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Q1 FY21: resilience building for slimmed down division
Telefónica upbeat on commercial performance in tough markets but contributions to Group coffers continue to shrink on weak currencies. Argentinian OB making a comeback. Mexican MVNO model yet to translate into improved financial performance. Chile and Colombia among the OBs seeing success with a pursuit of higher value customers. ...