Convergencia Research, Consultoría especializada en Latinoamérica y Caribe
Wednesday, January 27, 2021

Presidents of Argentina and Chile sign agreement to build the Transpacific submarine cable

During his visit to Chile, President Alberto Fernández signed, together with President Sebastián Piñera, the agreement for the joint construction of the Transpacific submarine cable “Digital Gateway Asia South America”, within the framework of a telecommunications integration agenda between both countries. According to specifications of the Argentine Chief of Cabinet, Santiago Cafiero, the project will be carried out through the national telecommunications company, Arsat. Argentina agrees to participate in the project, making a capital contribution, the amount and modality will be determined by mutual agreement between Desarrollo País, the Chilean public entity in charge of structuring it, and Empresa Argentina de Soluciones Satelitales.

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América Latina · Data Center

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The future of wholesale and the reinvention of connectivity

The wholesale business is entering a more mature phase, with portals and APIs playing a key role in driving growth. Cirion has introduced Network-as-a-Service as an overlay on its underlying infrastructure, enabling it to restore margins and expand its addressable market.

México · Operators

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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.

Globales · Hardware · Software and Applications · Data Center

13/10/2026

Shadow financing: Hidden debt behind AI deployment has reached US$1.35 trillion

These liabilities are estimated for five companies: Meta, Alphabet, Amazon, Microsoft and Oracle. As data centers become operational, these liabilities move onto the balance sheet and become visible. The risk is that the spending fails to generate sufficient profits, potentially leading to massive write-downs.

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