Telefónica's net profit fell 4.5% between April and June

The company reported a net profit of € 862 million for the second quarter. The results were affected by the evolution of exchange rates, mainly due to the depreciation of the Argentine peso and the Brazilian real against the euro; and due to the adjustment for inflation in Argentina. The total access base was reduced by 6.8 million accesses due to the sale of Telefónica Nicaragua, Guatemala and Antares. Net debt decreased for the ninth consecutive quarter and reached € 40.23 billion at the end of June.

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América Latina · Operators17/04/2024

América Móvil's earnings fell 55% due to peso strength

It reached US$ 790 million in the first quarter of the year. Total revenues and Ebitda were also affected by the extraordinary income from the sale of towers, which boosted the result of a year earlier. Total mobile subscriptions grew 3.6% year-on-year to 311.6 million lines. Fixed UGIs totaled 74.1 million, 1% more than a year earlier.

Panamá · Regulation · Operators08/04/2024

Liberty and Millicom compete to conquer Digicel's 300,000 customers

The deadline expires next April 17. They offer 30% discounts on postpaid plans and unlimited data for 10 days from US$ 3 top-ups. The regulator ASEP modified portability procedure to facilitate migration.

América Latina · Mobile · Operators · Equipment Providers and Network Solutions04/04/2024

Latin America already has 87 mobile private network deployments

According to the GSA, the mining industry is the one that most demands these technologies, totaling 30 cases to date. Behind it are the Oil & Gas and manufacturing sectors, with eight cases each. These deployments are favored by the presence of Advanced 4G networks, already well-established, and 5G, which is taking its first steps.

Paraguay · Operators26/03/2024

Government analyzes partial privatization of Copaco

The state operator is going through a delicate moment. Its income does not cover operating expenses and it must fulfil a debt obligation of US$110 million. Furthermore, the lack of investments led to the obsolescence of its infrastructure. Oscar Stark, president of the firm, states that alternatives are being evaluated to obtain the necessary funds, including the possibility of adding private partners. And he believes that in 18 months "the situation will be resolved."

América Latina · Mobile · Fixed Broadband · Internet & OTT07/03/2024

The challenge of the Caribbean islands is to expand coverage and reduce connectivity prices

A report from the International Telecommunication Union focuses on small island developing states. The data shows a significant gap between global averages and those of these economies, especially in fixed broadband and service values. The Caribbean's performance falls below that of African islands and above Pacific islands.

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