Phoenix Tower International
Wednesday, July 15, 2020

América Móvil lost 5 million mobile subscribers in second quarter due to confinement measures

4.6 million of them correspond to the prepaid modality. Reductions in the customer base in Mexico (1.7 million prepaid disconnections) and Peru (1 million) were highlighted. Revenues rose 0.6%, despite a 27.2% drop in equipment sales revenue.

The impact of the health crisis is evident throughout the breakdown of América Móvil's results for the second quarter of 2020. Although revenues remained practically stable - they rose 0.6% to US$11.141 billion - they suffered a drop in 27.2% in the case of sale of terminals due to the cessation of commercial activities in most of the markets where the company operates. This was offset by a 6.5% rise in service revenues (the rise in mobile phones was 2.3%) and the expansion of fixed accesses (450,000 were added in the period).

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Regional · Terrestrial Backbones15/09/2020

Argentine NEA and NOA provinces agree to a strategic alliance to develop the Capricorn Network

The announcement is an important political step to the public-private project by the governors of the provinces through which the network passes. It also occurs at a time of intense activity by the State in relation to connectivity.

Brasil · Operators03/09/2020

Oi partial sale may drive deep changes in Brazilian market

As from the approval of the new Judicial Recovery Plan by the creditors, the negotiations to sell the mobile business, the infrastructure business and the Pay TV business will be speeded up.

Regional · Submarine Cables01/09/2020

EllaLink submarine cable seeks to reduce latency between Europe and Latin America by 50%, with an investment of US$180 million

Diego Matas, COO of the company, gave details to Convergencialatina of the project to link Portugal and Brazil. The 6,000 km laying and initial capacity of 72 Tbps traces the most direct route between both continents and will be operational in early 2021.

Regional · Equipment Providers and Network Solutions25/08/2020

Prysmian estimates a drop up to 5% in consumption of optical cables in Latin America this year

Juan Mogollón, CEO of the firm in the region, told Convergencialatina that in 2020 the demand in the telecommunications market could remain stable or fall by up to 5% due to the impact of the pandemic. Prysmian has four product plants for the Telecom sector in Latin America (2 in Brazil, 1 in Argentina and 1 in Mexico). At the end of July, the first cable delivery was made for the CFE in Mexico, one of the central projects of its current activity.

Regional · Operators20/08/2020

Telecom lost 35,000 mobile clients in Argentina between April and June

Mobile service sales in Paraguay and Argentina totaled US$ 673 million in the first six months of the year.

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A DIARIO LATINO 20-09-2020

Argentina · Regulation · Economy 18/09/2020

Knowledge Economy Law remains on hold in the Senate

Argentina · Terrestrial Backbones · Satellites · Politics · Data Center 17/09/2020

Argentine government launches the National Connectivity Program

Globales · Mobile · Operators 16/09/2020

Rakuten and Telefónica to cooperate in developing OpenRAN

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