by Gustavo Hernández | May 22, 2020 | Telecommunications
On May 21, telecommunications company Telecom informed the Argentine Scurities and Exchange Commission that Carlos Moltini had been appointed as Chairman of the Board of Directors. The decision followed Alejandro Urricelqui’s resignation from the position (for...
Latin America:
Digicel seeks to have Bermuda insolvency case recognized in the U.S.A. to preserve assets while restructuring debt
by Virginia Anziano | May 19, 2020 | Telecommunications
Digicel, a company that provides Pay TV, Internet and telephone services in many countries in Central America and the Caribbean, has filed for Chapter 15 proceedings in a U.S. bankruptcy court in order to preserve its assets and prevent attachments, so that it may...
Costa Rica:
Millicom terminates agreement with Telefónica
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...