Foreign direct investment in digital tech jumped 36% in 2024

This was reported by ECLAC, which highlighted that Mexico and Brazil were the countries that received the most foreign direct investment (FDI) last year. The bulk of the funds was allocated to the software sector and aimed more at infrastructure deployment than at production.

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América Latina · Economy31/07/2025

Foreign direct investment in digital tech jumped 36% in 2024

This was reported by ECLAC, which highlighted that Mexico and Brazil were the countries that received the most foreign direct investment (FDI) last year. The bulk of the funds was allocated to the software sector and aimed more at infrastructure deployment than at production.

Globales · Operators30/07/2025

Telefónica: The Latin American businesses dragged down its second-quarter results

While continuing operations (mainly in Europe and Brazil) posted a positive net result of 155 million euros, those in the Latin American region showed a negative result of 206 million. This was despite the fact that operations in the region showed growth across various segments.

Costa Rica · Operators29/07/2025

5G contracts progress as ICE raises additional concerns

The Comptroller’s Office has given the green light to the contracts signed by the six operators (two national and four regional) to begin the deployment of 5G. The state-owned ICE plans to take legal action if Sutel does not approve its agreement with Racsa to provide fifth-generation mobile phone service.

Globales · Economy · Politics28/07/2025

EU accepts 15% export tariff to finalize trade pact with US

Media outlets and analysts criticized the agreement, arguing that it raises tariffs on European products entering the United States without applying the same measures in the opposite direction. Nvidia chips are part of the deal and will be destined for the new gigabit factories expected to be built soon.

América Latina · Operators23/07/2025

América Móvil reports growth in revenue, profits and customer base

Despite global economic and financial volatility, the Mexico-based operator achieved strong results in the second quarter. Its mobile customer base grew to 325.6 million (+0.5%) and UGIS customers reached 78 million (+0.3%). Net profit totaled US$1.143.6 million. Currency value fluctuations positively impacted the results.

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