Wednesday, April 17, 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.

America Movil had a complex start to the year. During the first quarter of 2024, the company, which operates in Latin America and Europe, saw a 55.2% drop in its profits.

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Paraguay · Terrestrial Backbones · Operators01/04/2026

Personal leads FTTH market

The operator was recognized by Ookla for the performance of its fixed home network. Carlos Jenkins, the company’s marketing director, provides details on the network’s growth and its potential for new business opportunities.

América Latina · Terrestrial Backbones · Data Center31/03/2026

Conecta Infra to open new fiber route between Valparaíso and Las Toninas

Convergencialatina spoke with Rafael Pires, CEO of Conecta Infra, a platform that announced investments of US$350 million to deploy 6,000 km of fiber and connect submarine cable landing points and data centers in Chile, Argentina, and Brazil.

Colombia · Regulation · Operators30/03/2026

Colombia market sits between duopoly and the need to protect a third player

Millicom consolidated Tigo’s operation by acquiring the 50% stake held by EPM and later by purchasing Telefónica’s operation. It is now competing on equal footing with Claro. Meanwhile, Wom is recovering after bankruptcy proceedings, which concluded with a change in ownership.

Globales · Operators27/03/2026

Telefónica Shareholders Give Broad Support to Murtra's Management

The Shareholders' Meeting approved all the proposals of the Board of Directors, led by Marc Murtra. In an emphatic speech, the CEO affirmed that the current management is fulfilling its promises, highlighted the figures achieved in 2025, and asserted that they are on track to become "one of the best telcos in Europe."

Globales · Hardware17/03/2026

AI inference emerges as magnet and Nvidia launches bet

At Nvidia’s developer conference, its CEO, Jensen Huang, confirmed that the company is moving toward the AI inference business, while continuing to support its AI training segment. In 2025, combined chip sales across both segments exceeded US$302 billion.

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A DIARIO LATINO 03-04-2026

Brasil · Regulation · Spectrum 01/04/2026

Anatel limits consortium participation in 700 MHz band auction

Brasil · Operators 01/04/2026

Vivo to raise plan prices to boost revenue

Paraguay · Terrestrial Backbones · Operators 01/04/2026

Personal leads FTTH market

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