Wednesday, October 20, 2021

América Móvil's revenues and profit fell in Q3

Total sales reached US$ 12.670 billion, down 2.6% compared to the same quarter of 2020. This despite the increase in billing for services, both mobile and fixed, except in the pay TV segment. in which it lost almost 200,000 clients -181,000 in Brazil alone. Net profit amounted to US$ 800 million, with a 16.4% drop in year-on-year terms.

América Móvil’s (AMX for its code in the stock exchanges) total revenues in Q3 totaled US$ 12.670 billion, representing a 2.6% decrease compared to the same period of 2020. This result was impacted by losses caused by the devaluation of the local currencies of countries in the region compared to the dollar.

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Cuba · Economy · Politics02/12/2021

Cuba authorizes cryptocurrencies due to its increase in use on the island

The Central Bank of Cuba has legalized and began regulating the use of digital currencies. Thus, admitting the increase in its use by Cubans. Furthermore, it is an attempt to circumvent the sanctions regime applied by the United States.

Globales · Operators01/12/2021

Telefónica sets the goal of zero net emissions in 2025 for its key markets and in 2040 for its entire footprint

This company said this during the 12th Global Workshop on Energy and Climate Change, held yesterday. Ángel Vilá, CEO of the Spanish company, announced that they will increase sustainable financing to exceed € 10 billion in the coming years.

Argentina · Terrestrial Backbones30/11/2021

Plan of the province of Córdoba to achieve 100% connectivity by 2022

Córdoba Connectivity Agency advances with starting up a 96-node program in December. Another 331 nodes will start up next year.

Globales · Regulation · Politics29/11/2021

Europe plans to regulate big tech

The European Parliament will begin discussing from the middle of next year two bills that empower consumers and regulators and puts limits on the predatory market practices of Google, Facebook, Amazon, Apple and Microsoft.

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A DIARIO LATINO 04-12-2021

Globales · Software and Applications 03/12/2021

Nasdaq plans to migrate its North American markets to AWS in 2022

Brasil · Operators · Equipment Providers and Network Solutions 03/12/2021

Algar Telecom/Nokia carry out 5G tests in Uberaba

Brasil · Satellites · Internet & OTT · Regulation 03/12/2021

Ministry of Communications requests an additional credit of US$ 10 million for connectivity

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