The negotiations were brief and professional, as well as hermetic. The regulatory debate and the impact of the operation on the market took centre stage. Concerns about jobs and the use of Movistar brand. The smaller companies believe that there is no monopoly.

February 24, 2025 is set to be a “D-Day” for the future of the Argentine ICT sector. Late on that day, just seven days before the world’s largest industry event (MWC Barcelona 2025), Telecom’s purchase of Telefónica for US$1.245 billion was announced, after an acquisition process described as “very competitive and short” by Roberto Nobile, CEO of Telecom. The Government warned - even before the transaction was officially announced - that it will put it under analysis, and the ICT sector agenda for 2025 was transformed: regulatory adjustments and the impact on a shrinking market will take center stage.

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Telefónica Argentina already sold, but it had already been gone for some time now

The negotiations were brief and professional, as well as hermetic. The regulatory debate and the impact of the operation on the market took centre stage. Concerns about jobs and the use of Movistar brand. The smaller companies believe that there is no monopoly.

MORE ANALYSIS

Telcos keep losing staff, now due to AI impact

A report by consultancy MTN covering 72 major operators recorded a total of 4.344 million employees in the third quarter of 2025, 2% fewer than a year earlier. Telefónica led the layoffs, reducing its workforce by 10,100 people.

Telefónica reported 2025 losses linked to exceptional events

The sale of four Latin American subsidiaries, along with the layoff of 5,000 employees, generated a negative accounting impact.

Liberty Latin America maintains postpaid, B2B revenue after Melissa hurricane

Its revenues reached US$1.16 billion in the fourth quarter, with a slight year-on-year increase of 1%. Mobile subscribers totaled 6.79 million, while RGUs reached 3.83 million.

Warning to telcos: Job cuts may leave them vulnerable and unable to innovate

According to an MTN report, operators are continually adjusting their workforce under the pretext of improving dividends, while also taking advantage of the growing presence of AI. However, one possible consequence is excessive staff turnover and the loss of know-how, particularly in cybersecurity.

Pressed by weak results, Nokia relaunches with a renewed focus on AI

A DIARIO LATINO 08-03-2026

Surf revives mobile network plan in São Paulo

BTG Pactual funds offer for Oi’s 27.26% in V.tal

Starlink neared 130,000 customers after 72% growth in 2025

Nearly 105,000 people from 207 countries attended MWC Barcelona 2026

Streaming accounts fell by nearly 2 million in six months