Thursday, November 07, 2024

Telefónica Hispam loses revenue despite improvement in its operating results

During the third quarter of 2024, the fixed segment reached 5.1 million FTTH accesses, with a year-on-year growth of 17% with highlights in Argentina (+18.3%), Colombia (+26%) and Peru (+42.7%). However, its revenues fell by 6.2% year-on-year due to increased competition and the devaluation of local currencies, in addition to lower equipment sales.

Telefónica Hispanoamérica improved its operating indicators during the third quarter of 2024. In the fixed segment, the company reached 5.1 million fiber optic accesses to the home, with a year-on-year growth of 17% and in which the progress of the operations in Argentina (+18.3%), Colombia (+26%) and Peru (+42.7%) stand out.

Read full article

MORE ANALYSIS

Globales · Software and Applications · Operators · Equipment Providers and Network Solutions05/05/2025

APIs: Telcos' alternative to not being tied to hyperscale players

Just over two years after the launch of the Open Gateway initiative, progress has been made in the development of applications related to finance and cybersecurity. As this progresses, API development requires agreements between operators and providers to standardize the connection with mobile networks.

América Latina · Operators30/04/2025

América Móvil added 2.8 million subscribers in the first quarter of 2025

The operator achieved a revenue increase of almost 40% compared to the same period in 2024. Of the new subscriptions, 2.4 million were

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.

List all analysis

A DIARIO LATINO 12-05-2025

Chile · Mobile · Regulation · Operators 09/05/2025

Subtel orders WOM to present new 5G rollout schedule in 60 days

Brasil · Regulation · Spectrum 09/05/2025

Alexandre Freire to lead drafting of New Spectrum Use Regulation

Brasil · Regulation 09/05/2025

Globales · Operators · Spectrum 09/05/2025

European operators ask for the upper 6 GHz band for mobile services

List all news