Latin America – Page 20
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Network & Infrastructure
Telefónica’s PangeaCo begins operations in Peru
Telefónica appears to have failed to find an investor for the Peruvian FibreCo. Political situation may have complicated efforts to find a partner.
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M&A
Telefónica concludes Central American exit with El Salvador sale
General International Telecom’s $139m transaction completed. Sale goes through at the second attempt after an agreement with América Móvil collapsed in 2019.
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Premium
Elsewhere in Hispanoamérica: Movistar battles it out with WOM over fibre
Telefónica Chile wins over WOM in fibre building showdown; OB performs first remote 5G mammogram in region.
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Premium
Telefónica signs Infobip on B2B client support
Movistar partners communications platform provider Infobip to expand its B2B suite. Omnichannel communications services touted under new service.
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Network & Infrastructure
Peru’s IpT likes open RAN, but sees room for improvement
CTO of rural provider lauds lower energy consumption, shorter implementation times, compared with traditional 4G rollouts. Flags “some limitations” on capacity and scalability, however; “overall cost” of open RAN equipment still in same ballpark as kit from mainstream vendors.
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Telefónica selects Wipro for 5GC automation
Group to roll out Indian tech firm’s CI/CD/CT solution in Brazil, Germany, followed by Spain and UK. Aim to “industrialise” processes surrounding automation of 5G Core functions and speed time-to-market for new services. Telefónica and Wipro plan to expand solution to other network areas, including access, infrastructure, and transport. ...
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Premium
New business boosts Atento diversification drive
Former Telefónica subsidiary flags growth in new sectors and USA as it expects legacy revenues from Spanish operator to dwindle. Cyberattack in Brazil disrupted services but will not affect financial guidance.
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M&A
Group’s Central America withdrawal complete
El Salvador’s Superintendencia de Competencia gives Group green light to exit the market through transaction announced with General International Telecom in autumn. No conditions attached to approval, unlike earlier deal with América Móvil that ended up collapsing. Deal is final of five regional sales by Group.
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People
Former Telefónica exec takes Sky Mexico helm
Luis Malvido, ex-CEO at Telefónica businesses in Argentina, Brazil, Czech Republic, and Venezuela, takes the lead at Mexican rival.
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Network & Infrastructure
Movistar gets industrial with Chile 5G launch
Telefónica Chile’s 5G network goes live alongside peers Entel and WOM. Plans for “nationwide” availability in early-2022.
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People
Telefónica reshapes board of directors
Group cuts board seats from 17 to 15, with representation from shareholders BBVA and CaixaBank halved. Ignacio Moreno and Jordi Gual to instead shift to roles at Telefónica España and Brazil’s Vivo.
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Premium
Telefónica people moves: wholesale lead named at VM O2
VM O2 appoints Diego Tedesco to lead its Fixed Wholesale business in challenge to incumbent Openreach. SME-focused team also filled in at newly-merged UK operator, with appointments in marketing, products, and sales. Telefónica Tech draws in new faces from across the Group footprint.
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Venturing & Investments
Wayra Hispam expands startup investment portfolio with Mexican duo
Vinco and Retrypay join over 100 startups as part of Wayra Hispam’s “ongoing commitment to digital transformation”.
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Premium
Vivo adds five million to FTTP target
2024 target upped to 29 million premises passed thanks to multi-pronged deployment strategy and cut-price rollout costs. Partnerships highlighted as key to increased ambition.
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Venturing & Investments
Telefónica Innovation & Venturing Roundup: handful of Wayra investments flagged
Handful of investments flagged by regional Wayra hubs with interests in autonomous robotics, ed-tech, and fintech.
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Premium
Telefónica Q3 FY21 Headlines: recovery gathers steam but jitters persist
Group describes results as “significant step towards economic and social recovery”. OBs put in a solid quarter, with Vivo and Telefónica Deutschland reporting gathering commercial momentum. First quarter for refashioned UK business. Telefónica Tech’s expansion still being significantly driven by M&A, obscuring ‘organic’ progress. Centralisation of Hispam progressing, and ...
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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.