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.

Millicom, which operates in Latin America under the Tigo brand, reported revenues of US$1,487 billion in the first quarter of 2024, with a growth of 8.6% compared to the same period in 2023.

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Telefónica: Transform & Grow plan strengthens financial position and enables operational leap in the second quarter

The Spain-based operator with businesses in Brazil, Germany and the United Kingdom reported revenue of €8.265 billion between April and June 2026, with growth in its B2B and retail businesses. EBITDA increased 2.7% at constant prices, while the margin stood at 35.5%. Accesses reached 299.8 million, up 5.3% year over year, with a focus on FTTH.

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América Móvil boosts Claro with cross-selling expansion following Wow acquisition

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Globales · Software and Applications · Politics27/07/2026

AI distillation, the new focus of global concern

The release of the Kimi 3 model from Chinese AI lab Moonshot AI has raised concerns among the U.S. government and companies such as Anthropic, which are challenging the use of the distillation technique, considering it intellectual property theft and a national security risk.

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Entre Ríos government signs agreement with Salesforce for AI initiatives

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Globales · Equipment Providers and Network Solutions23/07/2026

AI wave benefits Nokia and boosts its second-quarter results

The Finnish vendor generated sales of €4.815 billion, with a strong 9% year-on-year increase on a constant-currency basis. Operating profit rose 18% year on year to €434 million. However, net profit was negative due to severance payments related to layoffs.

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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.

MORE ANALYSIS

Telefónica: Transform & Grow plan strengthens financial position and enables operational leap in the second quarter

América Móvil boosts Claro with cross-selling expansion following Wow acquisition

While Claro is focusing its fiber optic network rollout on Lima and El Callao, Wow is focusing on the provinces. This complementarity avoids overbuilding, improves ARPU and reduces churn. Wow had been facing financial difficulties, according to a securities research firm.

AI distillation, the new focus of global concern

The release of the Kimi 3 model from Chinese AI lab Moonshot AI has raised concerns among the U.S. government and companies such as Anthropic, which are challenging the use of the distillation technique, considering it intellectual property theft and a national security risk.

Entre Ríos government signs agreement with Salesforce for AI initiatives

A Memorandum of Understanding was signed during an event held at the MiradorTEC Technology Park in the city of Paraná. One of its key areas is the digital and agentic transformation of the provincial government.

AI wave benefits Nokia and boosts its second-quarter results

The Finnish vendor generated sales of €4.815 billion, with a strong 9% year-on-year increase on a constant-currency basis. Operating profit rose 18% year on year to €434 million. However, net profit was negative due to severance payments related to layoffs.

A DIARIO LATINO 30-07-2026

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Telefónica: Transform & Grow plan strengthens financial position and enables operational leap in the second quarter