Carlos Aya Caro to assume as CEO and President of Telefónica México in replacement of Carlos Morales Paulín

The appointment is given in a framework of speculation about the possible sale of the Mexican subsidiary, as happened with the Central American divisions.

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Chile · Submarine Cables26/11/2019

In May 2020, Prat submarine cable to be operational, after an investment of US$100 million

Gtd will deploy the 3,500 km laying between Arica and Puerto Montt, with an initial installed capacity of 1.8 Terabytes per second. Infinera was selected as the equipment supplier for the initiative.

Regional · Operators15/11/2019

Liberty Latin America registered losses of US$ 70 million between July and September due to Hurricane Dorian

The report of results coincided with the announcement of the sale of the Cable & Wireless Seychelles operation, with which the operator becomes fully concentrated in Latin America. The operation amounted to US$ 104 million.

Argentina · Mobile · Pay TV · Internet & OTT · Operators11/11/2019

Telecom had consolidated sales of US$ 2.684 billion in the first 9 months of the year

The figure, which is inflation-adjusted, represents a 10.2% drop over the same period of 2018. The ordinary loss was US$ 2.77 million, an improvement of almost 100% year-on-year.

Regional · Operators24/10/2019

Millicom revenues increased due to acquisitions in Panama and Nicaragua

The increase corresponds to the third quarter, after the incorporation of Telefónica's operations in these Central American countries. If the first nine months of 2019 are considered, the increase is 7.4% year-on-year. However, the acquisitions also affected operating profit, which fell 15% for both the quarter and the accumulated year, and net profit, to the point that the company reported a loss of US$130 million between July and September.

Perú · Terrestrial Backbones10/10/2019

MTC lays the foundations of a new business model for the fiber optic backbone network

Times of key decisions are coming: after a “brainstorming” phase, defined by the Vice Minister of Communications Virginia Nakagawa, around possible solutions for the backbone network, the MTC published two proposals for modifications to the broadband Law. With that, she advanced in the design of a new commercial model for the central project of the ICT sector, which represents in value 1% of Peru's GDP.

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