Thursday, October 24, 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.


Debe ingresar para continuar leyendo.


Usuario
Contraseña
¿Olvido su contraseña? Ingrese aquí
¿No tiene usuario? SUSCRIBIRSE

Last news and analysis

México · Terrestrial Backbones · Regulation

01/07/2026

CRT renews CFE fiber optic operating concession to GTAC joint venture

Colombia · Internet & OTT · Regulation · Spectrum

01/07/2026

12 permits to use the 900 MHz band in remote areas approved

Argentina · Satellites

01/07/2026

Atenea: The Argentine satellite that flew on Artemis II and validated deep-space technologies

Fernando Filippetti, director of the ASTAR Project, outlined the details of the initiative, in which a 10 kg satellite was used to validate technologies in deep-space conditions.

América Latina · IxP

30/06/2026

DE-CIX expands Latin America footprint with new interconnection nodes in Brazil and Mexico

Convergencialatina spoke with the executives responsible for the company’s operations in its two regional markets: Brazil and Mexico. Darwin da Costa and Omar Vega, respectively, discussed the company’s progress in each country and the different strategies adopted to reflect the characteristics of each market.

Globales · Data Center

25/06/2026

Hyperscale infrastructure: Record figures, oligopolies and the dangerous AI bubble

A new report from MTN Consulting highlights the sector’s economic “circularity,” whereby hyperscalers invest in AI labs, which in turn spend that capital on the hyperscalers’ computing services. The report warns that this dynamic creates systemic risk.

Search news