Interview

OLX: the 100% digital business model to compete in the region

Present in Colombia, Mexico, Chile and Argentina which was the country that had the most growth in 2020, after the conversion to a 100% online model that was developed in the country and is replicated in others. Convergencialatina spoke with Ernesto Mendizabal, CEO of Olx Autos Argentina, who explained that the company aims to be able to buy cars anywhere in Argentina and test alliance models with auto dealerships installed in the provinces.

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Globales · Equipment Providers and Network Solutions23/07/2026

AI wave benefits Nokia and boosts its second-quarter results

The Finnish vendor generated sales of €4.815 billion, with a strong 9% year-on-year increase on a constant-currency basis. Operating profit rose 18% year on year to €434 million. However, net profit was negative due to severance payments related to layoffs.

América Latina · Operators22/07/2026

América Móvil increased profit by 9.2% in the second quarter

The increase was the result of higher revenue (+3.1%) and EBITDA growth of 3.8%. Exchange rate stability and the expansion of its subscriber base contributed to the performance. At the end of June, the company had accumulated 414.5 million access lines across all types of services.

Brasil · Economy · Politics21/07/2026

Impact of mobile network expansion on poverty reduction

A GSMA report indicates that poverty declined by 4.8% in Brazilian municipalities where mobile coverage became available. Recommendations for the next federal government.

Argentina · Software and Applications · E-Government20/07/2026

Buenos Aires among 10 cities joining Bloomberg’s new global AI forum

Buenos Aires City Mayor Jorge Macri led a meeting last Thursday and outlined the four pillars of the city’s AI strategy.

México · Regulation · Spectrum17/07/2026

CRT’s plan for spectrum auction to enable private industrial networks

Interested parties will be able to submit questions about the tender proposal starting August 3. Bids will be submitted on November 19. A total of 240 10 MHz blocks will be auctioned. Any spectrum not requested will go to a second sealed-bid round.

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