Friday, February 04, 2022

Historical fall of Meta: its shares sank 27% and it lost US$230 billion of market capitalization

Investors responded to a quarterly balance that showed a reduction in users for the first time in 18 years, although it was just 0.05% lower. For analysts, the financial factor is important here, stressed by the upcoming rise in interest rates in the US.

A perfect storm hit Meta and other tech companies. It is not only about financial questions but also about doubts relating to the future of these firms.

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Argentina · Operators · Equipment Providers and Network Solutions01/07/2024

For Horacio Martínez, time has come for Digital Transformation Agents

On the last day of the Regional Telecommunications Meeting (EncRegTel), held in the city of Paraná, the Grupo Datco invited ISPs to "take the leap" and add new features to their portfolio. In addition, the proposals from Red Intercable, Setetec, VideoSwitch and OCRL.

Globales · Internet & OTT · Software and Applications25/04/2024

Meta loses almost US$200 billion in market value in 24 hours due to forecasts of lower income and higher expenses

Marck Zuckerberg, CEO of big tech, asked Wall Street for "patience" so that it does not abandon its actions, although he reaffirmed that the firm will continue with its advanced technological initiatives that consume a lot of Capex, in a turnaround from the 2023 decision to limit those expenses.

Brasil · Pay TV · Free to Air TV - TDT22/04/2024

Brazilian linear TV seeks to reconvert to avoid its extinction

Competition with streaming has led the main groups to have their own platforms to be able to compete on other screens. The arrival of TV 3.0 can help in its conversion.

Brasil · Software and Applications · Regulation27/12/2023

Projects to tax the income of Big Techs operating in the Brazilian market

A study by the University of Brasilia determined a potential tax revenue of over US$5.5 billion for the Brazilian Treasury, coming from the main digital services companies.

Perú · Operators18/08/2023

The three keys to Internet for All: one anchor operator, state regional networks and regulatory flexibility

These three factors come together in the success of the initiative. Convergencialatina interviewed Stalin Rivera, Head of Business Strategy, and César Huamán Bazán, Commercial Director, who explained that they already have contracts with Telefónica, the original partner, but also with Entel and Claro. In addition, they managed to add initiatives from the Canon por Cobertura program. B2B already represents 10% of total revenue and OIBDA is already positive.

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A DIARIO LATINO 27-07-2024

Chile · Mobile · Operators · Spectrum 26/07/2024

Movistar withdraws its consultation before the TDLC on spectrum limits.

Brasil · Operators 26/07/2024

Brisanet launched its 5G service in Fortaleza

Costa Rica · Internet & OTT · Operators 26/07/2024

Racsa launched its wireless broadband service over 5G for enterprises

Globales · Equipment Providers and Network Solutions 26/07/2024

CommScope sold its OWN and DAS businesses to Amphenol Corporation for US$2.1 billion

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