Telecommunications
El Salvador:
Telefónica sells Salvadorean subsidiary to General International Telecom
On October 15 telecommunications company Telefónica notified Spain’s Securities and Exchange Commission (CNMV) of the sale of its Salvadorean unit. The purchaser is General International Telecom Limited and the transaction amount is USD 144...
Argentina:
Telecom’s Flow and Personal brands to absorb Cablevisión and Fibertel
Argentine telecommunications company Telecom has decided to modify its brand strategy. Cablevisión, the brand employed for Telecom’s Pay TV service, and Fibertel, the one that identified the company’s fixed Internet service, ceased to exist on...
Chile:
VTR and Claro to combine operations
On September 29 telecommunications companies Liberty Latin America (LLA) and América Móvil announced an agreement to combine their operations in Chile. VTR, owned by LLA, and Claro Chile, owned by América Móvil, will form a joint venture, with each...
Panama:
Liberty Latin America acquires Claro local subsidiary
On September 15, telecommunications company Liberty Latin America (LLA) announced through its Panamanian subsidiary Cable & Wireless that it had reached an agreement with América Móvil for the acquisition of a 100% stake in telecommunications...
Latin America:
Telefónica no longer plans to sell its operations in Spanish-speaking Latin American countries
According to Spanish online newspaper Hispanidad, telecommunications company Telefónica has discarded the possibility of selling its operations in Spanish-speaking Latin American countries. Nearly two years ago, Telefónica started a strategic debt...
Mexico:
Megacable starts providing services in Mexico City
Megacable is already offering its Pay TV, Internet and phone services in Mexico City (CDMX). The Mexican telecommunications company began to sell the above mentioned services on July 5, as verified with company sources by TAVI Latam. The first...
Colombia:
Telefónica acquires DirecTV home Internet operation
Telefónica has announced that it has acquired DirecTV wireless home Internet business in Colombia, a service that AT&T satellite TV operator has been providing in that country since 2014. According to the company’s press release, "nowadays...
Uruguay:
Argentina’s Grupo Olmos announces intention to acquire Telefónica Uruguay
Through a press release signed by CEO Raúl Olmos, Argentina’s Grupo Olmos announced its intention to acquire Telefónica’s subsidiary in Uruguay. According to information disclosed by the company, Luis Miguel Gilpérez, once President of Telefónica...
Latin America:
Liberty interested in acquiring Telefónica’s Colombia and Ecuador units
According to U.S. financial advisory services company Bloomberg, telecommunications operator Liberty Latin America (LLA) is considering the acquisition of Telefónica’s businesses in Colombia and Ecuador, where Telefónica operates under the brand...
Brazil:
Claro begins to offer Conmebol TV to home Internet customers
Brazilian telecommunications company Claro, owned by América Móvil, has begun to sell Conmebol TV to its home Internet customers (this service is called Claro Net Virtua). The new premium channel, which airs Copa Libertadores, Copa Sudamericana and...
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