Convergencia Research, Consultoría especializada en Latinoamérica y Caribe
Thursday, May 16, 2024

ETB reported revenues of US$100 million in the first quarter

ETB revealed that ordinary income exceeded US$100,467,178 in the first quarter of 2024. Last year, in the same period, it had obtained US$92,371,370. The company stated that during the analyzed quarter, there was a growth of US$7,998,947 in revenue. This increase was "mainly due to the sale of copper and the income of US$6,273,684 associated with the favorable ruling in the executive process with Banco Colpatria."

Last news and analysis

Argentina · Submarine Cables · Terrestrial Backbones

22/10/2025

Carriers Map Day 2025 event to be held in Montevideo next Wednesday

Globales · Data Center

22/10/2025

For the financial sector, the solution to the AWS outage is a multi-cloud approach

It was one of the industries most affected by the outage, as it was among the sectors that most aggressively moved its operations from on-premises data centers to AWS and other cloud providers. According to analysts, the AWS service disruption caused “hundreds of billions” in losses.

Globales · Data Center

22/10/2025

For the financial sector, the solution to the AWS outage is a multi-cloud approach

It was one of the industries most affected by the outage, as it was among the sectors that most aggressively moved its operations from on-premises data centers to AWS and other cloud providers. According to analysts, the AWS service disruption caused “hundreds of billions” in losses.

Globales · Data Center

21/10/2025

The collapse of AWS and the sovereign risk of uncontrolled data

Although the outage lasted just over three hours, the effects of the blackout were still being felt by the end of Monday, October 20. The cause was an error in an API update that affected the DNS. In Europe, the incident reignited the debate over the need to create its own cloud and reduce dependence on U.S. big tech companies.

Argentina · Regulation

20/10/2025

FFSU reformulation: praise for the enablement of “play” and doubts about the landing in the capital market

The possibility of transferring project costs as advance payments toward disbursements allocated to the FFSU was welcomed. Meanwhile, warnings regarding private financing focus on the ability of small operators to take advantage of these opportunities due to scale limitations.

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