The pandemic, changes in the exchange rate and a sharp deterioration in Telefónica de Argentina influenced the results. Revenues reached € 10.461 billion. Capex fell 58.9%

During the third quarter of this year, the Telefónica Group recorded losses of € 160 million, mainly due to the Covid-19 pandemic, the intensification of exchange rate changes and an impairment assigned to Telefónica de Argentina, for € 785 million.

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América Latina · Operators06/11/2026

Procurement consolidation and the “Double-E” strategy drive Millicom’s results

Following its acquisition spree involving Telefónica’s operations in the region, the operator reported the impact on its results: consolidated revenue of US$2.276 billion and operating profit of US$600 million. At the end of the third quarter, it had 55.85 million mobile connections and 22.79 million fixed connections.

América Latina · Operators05/11/2026

Liberty maintains financial performance, with growth in postpaid mobile and fixed-line customers

The operator reported revenue of US$1.174 billion in the third quarter. Costa Rica stood out, with revenue up 12% year over year. Operationally, the company ended the period with 6,788,200 mobile subscribers (4,091,600 prepaid and 2,696,600 postpaid) and 3,927,400 fixed RGUs across 1,852,200 customers.

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América Móvil reports strong growth in revenue and connections

In the third quarter of 2026, sales increased 7.6% year on year. Mobile services grew 6.3%, while fixed services rose 3.7%. At the end of the period, the company had 413 million accesses, including 322 million mobile accesses. Brazil was its standout market.

México · Operators14/10/2026

Televisa and Fintech Holdings buy AT&T for US$2 billion

The buyers will each hold a 50% stake in the new entity. Regulatory approval for the acquisition could be completed in the first quarter of 2027. AT&T has 24.7 million mobile connections. In 2025, it reported nearly US$5 billion in revenue and US$81 million in profit.

México · Spectrum09/09/2026

Opportunity opens up: Mexico to cut spectrum costs by 12% in 2027

In its proposed budget for next year, the Treasury Secretariat proposed changes to key spectrum bands for 5G deployment, including the 3.5 GHz band.

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Telefónica registers losses of € 160 million in the third quarter

The pandemic, changes in the exchange rate and a sharp deterioration in Telefónica de Argentina influenced the results. Revenues reached € 10.461 billion. Capex fell 58.9%

MORE ANALYSIS

Procurement consolidation and the “Double-E” strategy drive Millicom’s results

Liberty maintains financial performance, with growth in postpaid mobile and fixed-line customers

América Móvil reports strong growth in revenue and connections

In the third quarter of 2026, sales increased 7.6% year on year. Mobile services grew 6.3%, while fixed services rose 3.7%. At the end of the period, the company had 413 million accesses, including 322 million mobile accesses. Brazil was its standout market.

Televisa and Fintech Holdings buy AT&T for US$2 billion

The buyers will each hold a 50% stake in the new entity. Regulatory approval for the acquisition could be completed in the first quarter of 2027. AT&T has 24.7 million mobile connections. In 2025, it reported nearly US$5 billion in revenue and US$81 million in profit.

Opportunity opens up: Mexico to cut spectrum costs by 12% in 2027

In its proposed budget for next year, the Treasury Secretariat proposed changes to key spectrum bands for 5G deployment, including the 3.5 GHz band.

A DIARIO LATINO 11-11-2026

Congress approves Framework Cybersecurity Law

TelComp warns of the impact of pole prices on the broadband market

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Procurement consolidation and the “Double-E” strategy drive Millicom’s results

Alphabet acquires US$548 million stake in Qualcomm