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.

Last news and analysis

México · Regulation · Operators

11/11/2025

New telephone registry will cost US$250 million

Brasil · Regulation · Operators

11/11/2025

Court declares Oi bankrupt

This marks the end of the judicial reorganization process under bankruptcy proceedings. The key factor was the operator’s insolvency, with an “irreversible” state of unsustainability.

Brasil · Regulation · Operators

11/11/2025

Court declares Oi bankrupt

This marks the end of the judicial reorganization process under bankruptcy proceedings. The key factor was the operator’s insolvency, with an “irreversible” state of unsustainability.

América Latina · Operators

07/11/2025

After the buying rally, Millicom reports strong third-quarter results

Revenue totaled US$ 1.42 billion, showing a slight decrease of 0.7% compared to a year earlier, but operating profit grew by more than 30%, and adjusted EBITDA increased by 18.7%. The quarter ended with 42.2 million mobile customers and 13.7 million RGUs.

América Latina · Operators

06/11/2025

In a challenging environment, Liberty Latin America manages to sustain its revenue and improve margins

Revenue grew 2% year over year in the third quarter of 2025. Net income was positive at US$ 3 million, compared to a negative US$ 436 million last year. During the period, the company added more than 101,000 new postpaid mobile accounts, driven by growth in Costa Rica.

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