by Hernán Amaya | May 26, 2020 | Pay TV
U.S. telecommunications company AT&T is facing pressure to sell its satellite TV operator DirecTV. According to Fox Business’ Charlie Gasparino, “AT&T is coming under tremendous shareholder pressure to cut costs.” In order to attain that goal,...
Argentina:
Carlos Moltini appointed as Chairman of Telecom Board of Directors
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...