Latin America – Page 14
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Strategy & Change
Elsewhere in Hispanoamérica: Chilean rivals team up
Rivals team up in Chile; Telefónica Mexico builds out its third-party coverage.
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Premium
Movistar, WOM in fibre building show down
Rival operators both submitted proposals for multibillion-peso regional fibre deployment contract, set to be awarded in late-2021.
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Strategy & Change
Telefónica progresses centralisation of Hispam
Milagros Montenegro takes on what appears to be a new purchasing role at the Hispam unit. More growth is reported for Q3, but it’s still early days for Hispam.
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Financial & Performance
Telefónica prescribes digitalisation as Europe’s inflation antidote
Telefónica’s Argentinian inflation battle shows digitalisation value in markets facing cost challenges. Group management also seeks to ease qualms over rising energy costs and wage inflation in Europe through digitally driven efficiency drive.
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Telefónica people moves: Tech configures board
Cerdán inaugurated as President, with Colchero, Eguiron, and Prendes in tow at Telefónica Tech. Telefónica Peru names new CFO in effort to align business with the Group’s regional vehicle Telefónica Hispam. Virgin Media O2 continues to confirm team, with senior VM figures retaining titles.
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Partnerships & Alliances
Prosegur plots LatAm expansion with “ally” Telefónica
Prosegur outlines plans to copy-paste Movistar Prosegur Alarmas JV model in overlapping LatAm footprint. MPA continues to grow customer base in latest results.
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Venturing & Investments
Vivo transaction carries Telefónica Tech into Brazilian IoT space
Telefónica’s expansive growth areas division furthers its international ambitions by negotiating a tie-up with Vivo on IoT and analytics-based services. Deal mirrors an August transaction that gave Telefónica Tech an interest in Vivo’s cloud and security business.
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Network & Infrastructure
Vivo picks up Brazilian 5G spectrum
Brazilian operator among 15 participating in spectrum bidding. Long-awaited auction includes frequencies across a handful of 5G-friendly bands. Interest from new entrants poses competitive impact questions, with new national MNO now in the mix. Vivo opting for multi-vendor approach to its standalone core.
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Telefónica people moves: Group seeks strengthened government relations
Juan Montero takes over public policy and competition remit, with reshuffled reports in support. A direct swap on the Group’s Board sees María Rotondo Urcola fill Sabina Fluxà Thienemann’s shoes. Vivo names a successor for its vacant CIO spot. VM O2 builds out a marketing team to grow its ...
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M&A
Telefónica’s El Salvador sale under review by regulator
$144m deal cannot go ahead without authorisation. SC has 90 business days to reach a decision.
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M&A
Telefónica sells El Salvador unit at the second attempt
Honduran financiers acquire Telefónica El Salvador for a cut-price $144m following breakdown of negotiations with América Móvil in 2020. Move completes Telefónica’s exit from Central America.
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Premium
Nokia and Vivo get together on mmWave tests
Brazilian OB chooses Finnish equipment vendor for high-frequency pilot, with FWA on agenda. Temporary 26GHz licence granted by Anatel, as regulator firms up date of long-awaited 5G-optimised spectrum auction. Vivo still free to use Huawei tech.
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Movistar Chile and Nokia link on university 5G campus
Chilean operating business inaugurates first 5G test campus outside country’s Metropolitan Region.
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Premium
Ciena, Infinera tapped for submarine capacity
Telxius expands on existing partnerships with vendor pair to launch 400Gbps Ethernet across its 100,000km of underwater cable. Higher bandwidth and speed potential showcased.
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Venturing & Investments
Telefónica-backed VC fund targets ‘global champions’
Telefónica joins Kanoar to launch Leadwind as “anchor investor”. Targets scale-ups in Europe and Latin America, with investments of up to €15m and partnerships within the Telefónica ecosystem.
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Premium
NEC solidifies SI position in Telefónica’s open RAN push
Japan-based vendor to coordinate live trials in four key markets. German open RAN trial seen as springboard for NEC’s leap into wider Group sphere.
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Venturing & Investments
Wayra opens wallet for security startup Gabriel
£8.8m total funding raised in Series-A round. Startup eyeing growth opportunities in domestic market and beyond. Telefónica teaming up on the distribution of home security solutions in LatAm.
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Venturing & Investments
Telefónica Innovation & Venturing Roundup: Open Future seeks disruptive startups
Advisory group Mountside helping Wayra ensure businesses are “investor-ready”; Open Future seeks new generation of disruptive startups; regional Wayra hubs enter partnerships.
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Strategy & Change
Elsewhere in Telefónica Hispanoamérica: regulatory headaches in Argentina & Peru
Regulatory decisions go against Telefónica in Argentina and Peru.
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Premium
Telefónica people moves: Tech begins integrating Cancom cloud acquisition
Telefónica Tech replaces Cancom UK&I board members with Group executives, following buyout. Vivo names Rocha de Matos and Simões network planning and IT directors, respectively. Former O2 UK executive Stansfeld joins fixed broadband player Quickline.