Telecommunications
Costa Rica:
Liberty Latin America acquires Telefónica’s Costa Rican unit
After the failure of the transaction between Telefónica and Millicom, the Spanish company has reached an agreement to sell Movistar Costa Rica to Liberty Latin America (LLA). The announcement was made by both companies on July 30. The amount of the...
Costa Rica:
Telefónica offers Costa Rican unit for sale again and there are potential buyers
Spanish telecommunications company Telefónica, which operates under Movistar brand in Costa Rica, intends to offer its local unit for sale again, following Millicom’s withdrawal from the acquisition two months ago. According to some Spanish media,...
Mexico:
Televisa launchs mobile phone service as a MVNO thus becoming a quad play provider
Mexican telecommunications company Televisa started commercialization of its mobile phone service as a Mobile Virtual Network Operator (MVNO) on June 1, as a result of which it has become a quad play provider. In fact, Televisa’s brand Izzi has...
Argentina:
Carlos Moltini appointed as Chairman of Telecom Board of Directors
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...
Latin America:
Digicel seeks to have Bermuda insolvency case recognized in the U.S.A. to preserve assets while restructuring debt
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...
Costa Rica:
Millicom terminates agreement with Telefónica
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...
Global:
Former WarnerMedia CEO John Stankey to become AT&T CEO
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...
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...
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