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.

Telefónica group achieved profits totaling €532 million in the first quarter of this year, which represents an increase of 79% compared to the same period last year.

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As the geostationary satellite business consolidates, low Earth orbit constellations continue to scale up, while the Direct-to-Device (D2D) market enters a phase of commercial deployment and regulatory exploration by authorities worldwide. This landscape was highlighted at the Satellite Map Day 2026 event, organized by Convergencialatina last June, and in the 29th edition of the Satellite Map in Latin America.

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América Latina · Smartphones & Devices31/08/2026

Regional smartphone market plunged 10% in second quarter

This is compared with the same period in 2025. The causes were higher memory and SoC costs, as well as the impact of sales channels increasing their inventories in anticipation of the price increase.

América Latina · Software and Applications01/09/2026

Veeam revenue in Latin America grew around 38% in first half of 2026

This was stated to Convergencia by Mauricio González, the company’s vice president for the region. Veeam released its “Data and AI Trust Gap” report, which shows that 88% of organizations are already using AI agents or running pilot programs, but only 7% consider themselves truly prepared for them.

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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.

MORE ANALYSIS

Direct-to-Device enters commercial phase

IT/OT convergence and data sovereignty: The path to digitalization in Mexico according to Siemens

Data sovereignty and cyber resilience: Hitachi Vantara presents key digital infrastructure considerations for telcos in the region

The company provides data management platforms to Latin America from its facility in Oklahoma, U.S. Its goal is to provide operators with a hub to consolidate workloads, ensure full availability and maintain control over data governance.

Regional smartphone market plunged 10% in second quarter

This is compared with the same period in 2025. The causes were higher memory and SoC costs, as well as the impact of sales channels increasing their inventories in anticipation of the price increase.

Veeam revenue in Latin America grew around 38% in first half of 2026

A DIARIO LATINO 04-09-2026

Direct-to-Device enters commercial phase

Liberty is official Starlink distributor in Colombia, El Salvador, Guatemala and the Dominican Republic

Anatel seeks to renegotiate companies' regulatory debts totaling US$1.782 billion

OpenAI kept secret that its AI agents took control of a German website in May

Data center projects forecast a US$2.37 billion investment through 2031