Telecommunications
Latin America:
Digicel seeks to reduce its debt by exchanging current bonds for new securities
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...
Latin America:
In response to the spread of Coronavirus, Arianespace suspends launch campaigns, including Embratel’s Star One D2
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...
Latin America:
Holding interested in acquiring 51% stake in Telefónica’s Spanish-speaking Latin America Unit
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...
Global:
Hispasat to launch the Amazonas Nexus satellite in 2022 to replace Amazonas 2 in the provision of audiovisual services
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...
Mexico:
Telmex adds Netflix to service packages offered to customers
Mexican telecommunications company Telmex (América Móvil) has launched Internet and phone packages including Netflix membership. There are several plans, all of which allow users to save up money if the price of the package is compared with the...
Latin America:
Absence of economic growth leads Telefónica to split its operations in Spanish-speaking Latin America and to seek options to prevent loss of value
The Spanish telecommunications company has announced that it will spin off its operations in Spanish-speaking Latin America and that it will prioritize the Spanish, Brazilian, German and British markets, since the likelihood of growth is higher...
Argentina:
Telefónica also appoints new CEO, as Tarakdjian is to replace Rava
A few days after Telecom announced the appointment of its new CEO in Argentina, Telefónica de Argentina reported that it would follow suit. Federico Riva will be replaced by Marcelo Tarakdjian. Rava has been serving as Chairman of the Board of...
Argentina:
Carlos Moltini no longer Telecom CEO in 2020
Telecom CEO Carlos Moltini is to cease serving in his current position in the Argentine company in order to “undertake new responsibilities in the company and to focus on its strategic plans,” announced Telecom group in a press release. He will be...
Mexico:
Regulatory authority again points out Televisa’s dominant Pay TV market position
The Research Unit of Mexico’s Federal Telecommunications Institute (IFT) has again identified Televisa as the dominant company within the Pay TV market (it operates under the brand Izzi), according to data published by Mexican newspaper El...
Chile:
Linzor Capital Partners bought the operator Mundo Pacífico
The investment fund Linzor Capital Partners acquired 100% of Chilean telecommunications service provider Mundo Pacífico. Linzor partnered in this operation with Teras Capital, a Spanish investment group specializing in the industry. Mundo Pacífico...
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