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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República Dominicana · Politics16/05/2024

Three candidates are in contention to run for the Presidency this Sunday

It's about the current president, Luis Abinader, who is running for reelection and leads the polls to the point that he could win in the first round; followed by former president Leonel Fernández and former congressman Abel Martínez. ICT issues were not campaign focal points despite existing digital divides.

América Latina · Software and Applications · Data Center15/05/2024

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.

Costa Rica · Regulation · Politics14/05/2024

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.

Argentina · Regulation · Politics13/05/2024

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.

América Latina · Operators10/05/2024

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.

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A DIARIO LATINO 20-05-2024

Brasil · Equipment Providers and Network Solutions 20/05/2024

Furukawa presents new integrated wiring solution

Globales · Software and Applications 20/05/2024

Telefónica Tech expands its global cybersecurity services with Microsoft

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