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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Globales · Internet & OTT · Economy19/12/2019

Shared and electric mobility forces the conversion of Smart Cities business models

Convergencialatina participated in the Smart Cities Expo World Congress event in November. In a work table organized by ICLEI Local Governments for Sustainability, the first electric mobility implementations were analyzed. Carsharing and electric skateboards are also part of the new models for smart cities.

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.

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