Although the strategy began in 2019, it only intensified from 2025 after divesting its main Latin American subsidiaries. Millicom became its "heir."

The sale of its subsidiary in Chile to Millicom in alliance with French firm NJJ Holding (the investment fund of French magnate Xavier Niel) constitutes another step in Telefónica’s objective of divesting all of its assets in Latin America, except Brazil, the main support of the Spanish company’s results.

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Paraguay · Terrestrial Backbones · Operators01/04/2026

Personal leads FTTH market

The operator was recognized by Ookla for the performance of its fixed home network. Carlos Jenkins, the company’s marketing director, provides details on the network’s growth and its potential for new business opportunities.

América Latina · Terrestrial Backbones · Data Center31/03/2026

Conecta Infra to open new fiber route between Valparaíso and Las Toninas

Convergencialatina spoke with Rafael Pires, CEO of Conecta Infra, a platform that announced investments of US$350 million to deploy 6,000 km of fiber and connect submarine cable landing points and data centers in Chile, Argentina, and Brazil.

Colombia · Regulation · Operators30/03/2026

Colombia market sits between duopoly and the need to protect a third player

Millicom consolidated Tigo’s operation by acquiring the 50% stake held by EPM and later by purchasing Telefónica’s operation. It is now competing on equal footing with Claro. Meanwhile, Wom is recovering after bankruptcy proceedings, which concluded with a change in ownership.

Marc Murtra - Credit: Telefónica

Globales · Operators27/03/2026

Telefónica Shareholders Give Broad Support to Murtra's Management

The Shareholders' Meeting approved all the proposals of the Board of Directors, led by Marc Murtra. In an emphatic speech, the CEO affirmed that the current management is fulfilling its promises, highlighted the figures achieved in 2025, and asserted that they are on track to become "one of the best telcos in Europe."

Globales · Hardware17/03/2026

AI inference emerges as magnet and Nvidia launches bet

At Nvidia’s developer conference, its CEO, Jensen Huang, confirmed that the company is moving toward the AI inference business, while continuing to support its AI training segment. In 2025, combined chip sales across both segments exceeded US$302 billion.

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Sale of Chilean unit reinforces Telefónica focus on Europe

Although the strategy began in 2019, it only intensified from 2025 after divesting its main Latin American subsidiaries. Millicom became its "heir."

MORE ANALYSIS

Personal leads FTTH market

The operator was recognized by Ookla for the performance of its fixed home network. Carlos Jenkins, the company’s marketing director, provides details on the network’s growth and its potential for new business opportunities.

Conecta Infra to open new fiber route between Valparaíso and Las Toninas

Convergencialatina spoke with Rafael Pires, CEO of Conecta Infra, a platform that announced investments of US$350 million to deploy 6,000 km of fiber and connect submarine cable landing points and data centers in Chile, Argentina, and Brazil.

Colombia market sits between duopoly and the need to protect a third player

Millicom consolidated Tigo’s operation by acquiring the 50% stake held by EPM and later by purchasing Telefónica’s operation. It is now competing on equal footing with Claro. Meanwhile, Wom is recovering after bankruptcy proceedings, which concluded with a change in ownership.

Telefónica Shareholders Give Broad Support to Murtra's Management

AI inference emerges as magnet and Nvidia launches bet

At Nvidia’s developer conference, its CEO, Jensen Huang, confirmed that the company is moving toward the AI inference business, while continuing to support its AI training segment. In 2025, combined chip sales across both segments exceeded US$302 billion.

A DIARIO LATINO 03-04-2026

Anatel limits consortium participation in 700 MHz band auction

Vivo to raise plan prices to boost revenue

Convergencialatina to host Satellite Map Day on June 9–10

Personal leads FTTH market

Intel to buy back Apollo stake in Ireland plant for US$14.2 billion