The operator invoiced $856,084 million, which at the financial exchange rate is equivalent to about US$670 million. The profit was driven by the boost of inflation, which revalued the peso against the dollar. Mobile accesses grew 2.2% in the period, while fixed accesses had a slight reduction. The impact of government policies.

They stood at $856.084 billion, which represents a decrease of 8.3% in constant currency compared to the same period in 2023, as reported by Telecom in its Income Statement for the period April-June 2024. At the financial exchange rate at which companies access (of $1,280 per dollar) is equivalent to US$670 million.

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América Latina · Operators16/04/2025

Telefónica reshapes Hispanoamérica: Colombia and Peru in play

These are the last two divestments of the Spanish operator in the region. Its operations remain in Mexico and Chile, the largest, and in Ecuador, Uruguay and Venezuela, the latter with the burden of a recent investment of US$ 500 million to deploy 5G in that country.

Perú · Operators14/04/2025

Telefónica sold its Peruvian subsidiary for € 900,000 in addition to debt of more than € 1.2 billion

The buyer is the Argentine firm Integra Tec International, which has no experience in the large-scale operation of telecommunications services. The purchase is being made in the midst of a bankruptcy proceeding. Telefónica del Perú stated that the operational transition is guaranteed due to the continuity of its management team and access to fresh funds to sustain business operations.

América Latina · Operators11/04/2025

Latin American telecommunication market remains turbulent and on the path to consolidation.

Telefónica's exit from Argentina is part of a broader move by the Spanish operator, which has focused on Brazil and Europe. Meanwhile, Liberty Latin America is gaining ground, while WOM changes owners in Colombia and Chile.

Argentina · Operators03/04/2025

Claro filed two presentations before the regulator Enacom regarding the sale of Telefónica.

The texts question the lack of prior authorization request to the entity to carry out the transfer of spectrum usage permits and licenses, among other aspects. "The operation must be framed within a framework of legality," they said at Claro.

América Latina · Operators01/04/2025

Telefónica rushes its exit from Latin America pressured by geopolitics

Regional operations appear to be a burden that must be set aside as soon as possible, in the new scheme presented by Marc Murtra, the new CEO of the Spanish operator.

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Telecom sales fell by 8.3% in second quarter of 2024

MORE ANALYSIS

Telefónica reshapes Hispanoamérica: Colombia and Peru in play

These are the last two divestments of the Spanish operator in the region. Its operations remain in Mexico and Chile, the largest, and in Ecuador, Uruguay and Venezuela, the latter with the burden of a recent investment of US$ 500 million to deploy 5G in that country.

Telefónica sold its Peruvian subsidiary for € 900,000 in addition to debt of more than € 1.2 billion

Latin American telecommunication market remains turbulent and on the path to consolidation.

Telefónica's exit from Argentina is part of a broader move by the Spanish operator, which has focused on Brazil and Europe. Meanwhile, Liberty Latin America is gaining ground, while WOM changes owners in Colombia and Chile.

Claro filed two presentations before the regulator Enacom regarding the sale of Telefónica.

The texts question the lack of prior authorization request to the entity to carry out the transfer of spectrum usage permits and licenses, among other aspects. "The operation must be framed within a framework of legality," they said at Claro.

Telefónica rushes its exit from Latin America pressured by geopolitics

Regional operations appear to be a burden that must be set aside as soon as possible, in the new scheme presented by Marc Murtra, the new CEO of the Spanish operator.

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