Telefónica sells Movistar Ecuador to Millicom for $380M as part of its Latin American market exit strategy.
Browsing: Latin America
Millicom to take over Telefónica’s Uruguay operations Telefónica has agreed to sell its Uruguay-based mobile subsidiary, Telefónica Móviles del Uruguay…
Telefónica reported a $1.4B loss in Q1 2025 from Latin America writedowns, but core markets grew steadily.
What happened: Liberty Networks, Gold Data, and Sparkle collaborate on MANTA subsea cable system Liberty Networks, Gold Data, and Sparkle…
What happened: Telefonica’s financial results and strategic shift Telefonica, the Spanish telecommunications giant, reported a net loss of €1.003 billion…
What happened: Ericsson’s commitment to diversity and inclusion in Latin America Ericsson has launched the D&I Move 4 Equality initiative…
What happened: Nuvei integrates Google Pay for merchants in Latin America Nuvei Corporation, a leading Canadian fintech company, has announced…
What happened: Mexican fintech R2 secures $59M in funding R2, Latin America’s embedded finance platform, has raised $9 million in…
Google to open second data centre in Latin America, invests over $850 million in Canelones, Uruguay, expanding regional presence.
OUR TAKEThe adoption of AI in Latin America could lead to a mixed outcome, with potential benefits in productivity and…