All Latin America articles
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Public AffairsTelefónica dragged to fringes of Colombian election fraud claims
Spain’s far‑right political party Vox has called into question the role of integrator Indra Sistemes in Colombia’s elections, also bringing other Spanish companies into the spotlight.
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Strategy & Change
Elsewhere in Hispanoamérica: Mexico to reap rewards of AT&T migration from November
AT&T network migration to start making cost savings for Telefónica Mexico from November 2022.
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Partnerships & Alliances
Telefónica signs OneWeb to strengthen rural coverage
Low‑Earth orbit satellite provider OneWeb signs MoU with Telefónica Global Solutions to deliver cellular backhaul in Europe and Latin America.
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Financial & Performance
Movistar Prosegur Alarmas remains on growth path
MPA customer numbers increase almost 50% in first quarter, although ARPU is lower.
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M&A
Telefónica remains open to Hispam M&A
Group says it remains focused on “modulating exposure” to unpredictable regional markets. Executives will consider further deal opportunities, despite appearing much more comfortable with exposure levels. Turnaround programme launched in 2019 providing “very solid results”. Hispam still not seen as ‘core’ territory.
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Venturing & Investments
Telefónica takes stake in deep‑tech investment fund
Leadwind, launched between Telefónica and K Fund last year, raises €140m in first closing. Telefónica named largest private backer, with Spanish government’s innovation fund among public support.
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Strategy & Change
Telefónica sets vision for rural connectivity
Internet para Todos joint venture inspires regional, rural manifesto. Proposed changes include calls for regulatory change and investment incentives. Lessons learnt in neighbouring markets implemented in IpT’s Peru home.
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M&A
Former Telefónica business Atento seeks sale — reports
LatAm contact centre operator hires Goldman Sachs to advise on options, with sale on the table, according to Bloomberg. Telefónica partner and former subsidiary sees share price spike on news.
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Financial & Performance
Movistar Prosegur Alarmas revs customer growth
Telefónica’s home security joint venture partner Prosegur pleased with performance and value created from MPA in Spain. Good start for Telefónica partnership in Colombia, as Prosegur looks to replicate Spanish JV model in Latin America.
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M&A
Nabiax mulling sale of ex‑Telefónica data centre bundle
Business set up through Asterion–Telefónica partnership reported to be assessing demand for set of eleven data centres in Americas. Move appears to shift focus of Nabiax, and its commercial tie‑up with Telefónica, towards Spain. Centres were picked up in 2019 and 2021, as part of Telefónica’s trimming of Hispam ...
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Innovation (R&D)
Telefónica Innovation & Venturing Roundup: Wayra investments showing growth
Wayra highlights growth in 2021’s investments; Wayra Chile completes exit; Telefónica takes EU funds for innovation hub.
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M&A
Regulator approves Oi sale
Decision confirmed, subject to conditions, after Brazilian regulator Anatel postponed ruling last week. A board member had asked for additional time to review sale to a consortium featuring Telefónica|Vivo, Claro Brasil, and TIM Brasil. Final approval still required from competition authority CADE.
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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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Strategy & Change
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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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, 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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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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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.
