by Hernán Amaya | May 4, 2020 | Telecommunications
On May 2, Millicom announced it had terminated the share purchase agreement for the acquisition of Costa Rican Telefónica subsidiary, operating under Movistar brand. The telecommunications company, based in Luxembourg, noted that it was exercising its right to...
Global:
Former WarnerMedia CEO John Stankey to become AT&T CEO
by Virginia Anziano | Apr 27, 2020 | Telecommunications
AT&T Board of Directors has elected John Stankey as CEO, effective July 1, 2020, as it was announced by the company. Although Stankey, 57, has always worked in the telecommunications industry, in the last few years he has focused on the media and entertainment...
Latin America:
Digicel seeks to reduce its debt by exchanging current bonds for new securities
by Gustavo Hernández | Mar 30, 2020 | Telecommunications
Digicel, a telecommunications company operating Pay TV and Internet, as well as mobile and fixed telephone services in many Caribbean and Central American countries, is in talks with some bondholders and is offering to exchange current bonds for new securities, as...
Latin America:
In response to the spread of Coronavirus, Arianespace suspends launch campaigns, including Embratel’s Star One D2
by Gustavo Hernández | Mar 20, 2020 | Telecommunications
French satellite transportation company Arianespace has paused launch campaigns underway at its space center in French Guiana because of the Coronavirus (COVID-19) pandemic. Satellite Star One D2, belonging to Embratel (a Brazilian telecommuniations company owned by...
Latin America:
Holding interested in acquiring 51% stake in Telefónica’s Spanish-speaking Latin America Unit
by Hernán Amaya | Jan 21, 2020 | Telecommunications
According to information reported by El Mundo, a Spanish newspaper, a holding of Latin American businessmen has contacted Telefónica because it is interested in acquiring a 51% stake in the telecommunication company’s autonomous unit managing business in...
Global:
Hispasat to launch the Amazonas Nexus satellite in 2022 to replace Amazonas 2 in the provision of audiovisual services
by Gustavo Hernández | Jan 14, 2020 | Telecommunications
Hispasat, a Spanish satellite company, has announced that the new satellite called Amazonas Nexus will be launched into space in 2022. It will provide services for audiovisual transmissions in Ku band, among other capabilities. It will replace Amazonas 2 at 61° west...