Convergencia Research, Consultoría especializada en Latinoamérica y Caribe
Friday, March 21, 2025

Brazilian ICT investments total US$ 90 billion in 2024

Brazilian investments in the Information and Communication Technology (ICT) market reached a total of US$ 90 billion in 2024, representing a 14% increase compared to the previous year, according to data from consultancy IDC for the Brazilian Association of Software Companies (ABES).

The study also estimated that the Brazilian ICT sector will grow by 7.2% this year, with a slight increase in the telecommunications sector, at 2.9%.

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Google faces US$ 6.6 billion lawsuit in the UK

América Latina · Operators

16/04/2025

Telefónica reshapes Hispanoamérica: Colombia and Peru in play

These are the last two divestments of the Spanish operator in the region. Its operations remain in Mexico and Chile, the largest, and in Ecuador, Uruguay and Venezuela, the latter with the burden of a recent investment of US$ 500 million to deploy 5G in that country.

América Latina · Operators

16/04/2025

Telefónica reshapes Hispanoamérica: Colombia and Peru in play

These are the last two divestments of the Spanish operator in the region. Its operations remain in Mexico and Chile, the largest, and in Ecuador, Uruguay and Venezuela, the latter with the burden of a recent investment of US$ 500 million to deploy 5G in that country.

Argentina · Regulation

15/04/2025

Telecom-Telefónica, Chapter II: The Battle for Approval

The deadlines are now running for regulators Enacom and the National Commission for the Defense of Competition to issue their respective reports on the transaction. Three key aspects are under discussion: the impact on market competition, spectrum accumulation, and the execution of the commercial operation on February 24 itself.

Perú · Operators

14/04/2025

Telefónica sold its Peruvian subsidiary for € 900,000 in addition to debt of more than € 1.2 billion

The buyer is the Argentine firm Integra Tec International, which has no experience in the large-scale operation of telecommunications services. The purchase is being made in the midst of a bankruptcy proceeding. Telefónica del Perú stated that the operational transition is guaranteed due to the continuity of its management team and access to fresh funds to sustain business operations.

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