The regulator Arcotel decided this because the Ministry of Economy and Finance has not yet issued an opinion on the economic impact of the renewal of the licenses. It is unlikely that this document will be issued before the presidential elections of February 2025.

The Telecommunications Regulation and Control Agency (Arcotel) has once again decided to suspend the negotiation process for the licenses of the two private mobile operators: Consorcio Ecuatoriano de Telecomunicaciones, S.A. (Conecel), which operates under the Claro Ecuador brand and is owned by América Móvil, and Otecel, S.A., which operates under the Movistar brand and is owned by Telefónica.

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New suspension of negotiations for Claro and Movistar licenses

The regulator Arcotel decided this because the Ministry of Economy and Finance has not yet issued an opinion on the economic impact of the renewal of the licenses. It is unlikely that this document will be issued before the presidential elections of February 2025.

MORE ANALYSIS

Growth of Internet accesses boosts Chilean market

Mobile Internet connections grew by over 22% year-on-year in the third quarter of 2024, while fixed connections increased by 3.1% in the same period. Significant increase in Starlink's share and stagnation of incumbent operators.

New suspension of negotiations for Claro and Movistar licenses

The regulator Arcotel decided this because the Ministry of Economy and Finance has not yet issued an opinion on the economic impact of the renewal of the licenses. It is unlikely that this document will be issued before the presidential elections of February 2025.

Ericsson ConsumerLab: CSPs can generate revenue with differentiated connectivity for GenAI application users

Liberty Latin America recorded losses from operations in Puerto Rico

In the Caribbean island, both fixed and mobile revenues declined. In Jamaica, the impact of Hurricane Beryl was also felt. Net income was negative at US$ 436 million and total revenues fell 3% compared to a year ago.

Millicom's revenues remain stable despite adding more mobile services

In the third quarter of 2024, the operator added 470,000 new subscriptions compared to the same period in 2023, and totaled 41.1 million mobile customers. But sales grew only 0.5%, to US$1.43 billion. By country, Guatemala led sales, with US$350 million.

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