Latin America – Page 20
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Strategy & ChangePlay axed from Telefónica Mexico’s content offering
OB opting to strengthen alliances with other OTT players instead of building out own video content platform. Movistar Play remains live in a host of other Latin American markets, but ambitious growth targets across LatAm far off realisation.
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M&AOi firms up mobile deal, Vivo reinforces its market lead
Oi finalises mobile asset sale to three-strong consortium of Claro, TIM Brasil, and Vivo. Oi CFO: regulatory approval expected within the year. Trifecta of assets now divested by in-administration Oi as it seeks route to recovery via fibre.
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Venturing & InvestmentsTwo Movistar Money ventures set for take-off
Consumer finance business green-lighted for launch in Colombia, enabling Group to extend partnership with stakeholder BBVA. Telco also heading trials of similar personal loan service in Mexico, with Banco Sabadell on the scene. Both moves continue recent refresh of Telefónica’s financial services partnerships.
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Venturing & InvestmentsTelefónica, Vodafone-backed Loon discontinued
Venture falls foul of harsh winds of reality, failing to reach commercial viability.
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PremiumCanonical and Netcracker flag new Vivo contracts
CIO Kriger reveals progress with key IT projects Fusión and Pandora as part of ongoing work to upgrade Telefónica|Vivo’s systems.
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Partnerships & AlliancesAmdocs continues LatAm transformation
System services provider Amdocs further extended its Movistar Chile partnership to cover wireline and wireless services, mirroring Brazilian precedent set in 2019. eSIM management platform added on top.
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Strategy & ChangeElsewhere in Telefónica Hispanoamérica: Peru penalties laid bare
Telefónica Peru remains on naughty step. Play axed from Telefónica Mexico’s content offering.
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PremiumElsewhere in Telefónica’s Core Markets: O2 commits to roaming
Regulation relaxed in Spain. O2 commits to roaming. Vivo signs renewables deal.
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M&ATelefónica sells infra biz to American Tower
Telxius finds a home at US infrastructure giant. Transaction expected to wipe €4.6bn off Telefónica net debt.
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M&ATelefónica seeks suitor with Chile exit in pipeline
Speculative report suggests Group is ready to relinquish interest in a key pillar of its Hispam unit as monetisation plans evolve. Liberty flagged as front runner, although may face regulatory challenges, and other runners and riders not ruled out.
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PremiumTelefónica people moves: global Tech changes
Recently-established Telefónica Tech subsidiaries bed in across regional outposts. Well-travelled strategy exec lands at O2 UK.
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M&ALiberty homes in on Telefónica units in Colombia and Ecuador
Reports suggest that Liberty Latin America is stepping up its acquisition strategy, and could enable Telefónica to tick two more boxes on its regional divestment list.
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M&AVivo shares Oi’s spectrum spoils
In administration operator Oi takes another step towards recovery with divestment of asset trifecta. Mobile assets won by three-strong consortium of Claro, TIM Brasil, and Vivo. Vivo adds to spectrum capacity as well as new customers, while TIM still takes the lion’s share.
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PremiumTelefónica people moves: leaders emerge at re-jigged Telefónica Tech
Telefónica Tech re-organisation brings new names to light. Fibre leadership changes in South American businesses. Former O2 Germany CEO Dirks takes top-spot at rival to Telefonica’s new InfraCo.
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Strategy & ChangeCould Telefónica exit Uruguay next?
Telecom Argentina reportedly mulling play for the Group’s local unit. Telefónica executives stress they remain open to all options to reduce its exposure in the Hispanoamérica region. Group continuing to experience frustrations in snakes-and-ladder-esque regional divestment programme.
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Partnerships & AlliancesTelefónica and BBVA tie on Movistar Money joint venture
Consumer finance business green-lighted for launch in Colombia. Group extends partnership with stakeholder BBVA. Move continues recent refresh of Telefónica’s financial services partnerships.
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Venturing & InvestmentsWayra backs Brazilian e-learning startup Alicerce Educação
Startup accelerator Wayra highlights investment in one of local operating business Vivo’s targeted growth areas. Capital will go towards tackling educational divide in Brazil, including via recent strategic tie-up.
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PremiumTelefónica people moves: Global Solutions settles; Open Future rings the changes
Spanish Open Future leadership rotates with Global and Madrid Heads named. Telefónica Global Solutions beds in. Leadership named for Vivo’s personal finance endeavour.
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Network & InfrastructureMovistar launches Peru InfraCo post political storm
Telefónica in Peru is establishing a new entity to support fixed-line rollout in remote areas, and is seeking partners. Prior to announcement of new intentions, the award of a new licence to the operator by a government in turmoil sparked suspicions of impropriety.