Telefónica's revenues dropped 14.8% due to an impact of € 729 million associated with Covid-19

Between April and June, revenues reached € 10.34 billion due to the closing of commercial activity, in addition to unfavorable movements in exchange rates (it represented an impact of € 791 million). The Spanish company's net profit was € 831 million in the first half, a 53.5% decrease, and € 425 million in the second quarter, a 50.7% decrease. Hispam's revenues were € 1.881 billion, a 10.8% decrease year-on-year.

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Argentina · Regulation · Economy18/09/2020

Knowledge Economy Law remains on hold in the Senate

The project that proposes to modify aspects of Law 27.506 - establishing the Regime for the Promotion of the Knowledge Economy- is on hold in the Senate of the Nation pending its treatment and approval.

Argentina · Terrestrial Backbones · Satellites · Politics · Data Center17/09/2020

Argentine government launches the National Connectivity Program

President Alberto Fernández yesterday led the launch of the National Connectivity Program, which provides for a total investment of US$ 504 million to provide fiber optic and satellite connectivity throughout the country. The initiative also contemplates the enhancement of the Arsat Open Digital Television and Data Center infrastructure.

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.

Regional · Software and Applications15/09/2020

Geolocation tracking technologies and their persistence beyond Covid-19

Applications for Smart Cities are one of the areas of opportunity for these developments, which today measure social distancing to prevent infections but aim at monitoring public or private transport, retail or wholesale logistics, among other businesses. Latin American firm Ombú Tech Services is looking to install the Turbine solution in the region, from Norway's Unacast.

Argentina · Regulation · Economy09/09/2020

Teleworking to have a troubled future

Beyond the fact that the discussion on regulation did nothing more than reissue classic and basic disputes between businessmen and unions, questions are being raised for the IT sector due to the limits on hiring and the lack of tools to stop the flight of talent abroad.  

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