Representatives from various associations representing ICT companies agreed that the repeal of the decree is positive and that this will mark the beginning of a new stage. However, politicians warn that without regulation, the law of the jungle will prevail in a highly concentrated market.

Just days before the repeal of DNU 690 (via Decree 302/2024), Convergencia gathered perspectives from the sector on what lies ahead. The August 2020 regulation is seen as an obstacle for the industry, and with it now behind, there's an opportunity for regulatory reform in the coming years.

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What will be the sector's agenda after the repeal of DNU 690?

Representatives from various associations representing ICT companies agreed that the repeal of the decree is positive and that this will mark the beginning of a new stage. However, politicians warn that without regulation, the law of the jungle will prevail in a highly concentrated market.

MORE ANALYSIS

It's time to make room for hyperscale

These providers are exploring local capacity alternatives in third-party facilities. One option is the data centers of telecom companies. For instance, Cirion, which plans to invest US$300 million in Latin America this year to strengthen its presence in the region in light of these requirements.

The geopolitics behind Costa Rica's National Cybersecurity Strategy

After a cyberattack in April 2022, the Central American country issued its National Cybersecurity Strategy, relaunched its CSIRT and excluded Chinese providers from the 5G tender.

The first cleaning of the intervened Enacom went straight to the ANRs

The focus was on the Non-Reimbursable Contributions not yet executed and also on the decisions of the last Enacom board meeting under the previous administration, which resulted in the approval of more than 350 files.

Millicom improves revenues thanks to coin game

Year-on-year improvement in its revenue in the first quarter of 2024 was 8.6%, of which 5 percentage points were due to the strength of the currencies of Colombia and Costa Rica. Good organic performance was observed in Colombia, Panama and Guatemala. Mobile subscriptions rose to 7.34 million.

Telefónica achieves profits of €532 million in first quarter

The group's revenues reached a total of €10,140 billion, with an increase of 1.9%, of which 25% was contributed by the business in Brazil and 20% by Latin America.

A DIARIO LATINO 16-05-2024

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