Telefónica increased net profit by 38.5% in 2020 and managed to reduce debt by €2.516 billion

Revenues amounted to € 43.076 billion, 11% less than in 2019 due to currency devaluation and Covid-19. The pandemic had an impact on revenues of €1.905 billion last years: Hispam takes the worst share among Telefónica's operating markets, with an impact of €670 million. Thanks to the cash generation (€4.794 billion), Telefónica's net financial debt contracted and totaled €35.228 billion. Regarding the destination of Hispam, in the presentation of results, reference was made to a “gradual reduction of exposure to Hispam” and was announced that the portfolio in the region is being reviewed.

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América Latina · Operators17/04/2024

América Móvil's earnings fell 55% due to peso strength

It reached US$ 790 million in the first quarter of the year. Total revenues and Ebitda were also affected by the extraordinary income from the sale of towers, which boosted the result of a year earlier. Total mobile subscriptions grew 3.6% year-on-year to 311.6 million lines. Fixed UGIs totaled 74.1 million, 1% more than a year earlier.

Panamá · Regulation · Operators08/04/2024

Liberty and Millicom compete to conquer Digicel's 300,000 customers

The deadline expires next April 17. They offer 30% discounts on postpaid plans and unlimited data for 10 days from US$ 3 top-ups. The regulator ASEP modified portability procedure to facilitate migration.

América Latina · Mobile · Operators · Equipment Providers and Network Solutions04/04/2024

Latin America already has 87 mobile private network deployments

According to the GSA, the mining industry is the one that most demands these technologies, totaling 30 cases to date. Behind it are the Oil & Gas and manufacturing sectors, with eight cases each. These deployments are favored by the presence of Advanced 4G networks, already well-established, and 5G, which is taking its first steps.

Paraguay · Operators26/03/2024

Government analyzes partial privatization of Copaco

The state operator is going through a delicate moment. Its income does not cover operating expenses and it must fulfil a debt obligation of US$110 million. Furthermore, the lack of investments led to the obsolescence of its infrastructure. Oscar Stark, president of the firm, states that alternatives are being evaluated to obtain the necessary funds, including the possibility of adding private partners. And he believes that in 18 months "the situation will be resolved."

América Latina · Mobile · Fixed Broadband · Internet & OTT07/03/2024

The challenge of the Caribbean islands is to expand coverage and reduce connectivity prices

A report from the International Telecommunication Union focuses on small island developing states. The data shows a significant gap between global averages and those of these economies, especially in fixed broadband and service values. The Caribbean's performance falls below that of African islands and above Pacific islands.

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