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America Movil proposes MXN 0.38 dividend and MXN 6 bln buyback

Published 25 Mar 2020 09:27 CET | Latin America

America Movil announced that its board of directors agreed to submit to next month's annual shareholders' meeting a proposal to pay a cash dividend of MXN 0.38 per share, ...

Facebook reduces video quality throughout Latin America

Published 24 Mar 2020 08:56 CET | Latin America

Facebook said it will replicate measures already in place in Europe and proceed to reduce video streaming quality on its platform and on Instagram throughout Latin America in ...

BT sells LatAm operations in 16 countries to CIH

Published 20 Mar 2020 09:17 CET | Latin America

BT has reached an agreement to sell selected domestic operations and infrastructure across 16 countries in Latin America to CIH Telecommunications Americas LLC, an affiliate ...

DirecTV offering dozens of free channels during coronavirus lockdown

Published 19 Mar 2020 14:42 CET | Latin America

AT&T's pay-TV unit DirecTV announced that it's substantially increasing the number of free channels available to Latin American subscribers during coronavirus lockdowns ...

Liberty Latin America to begin USD 100 million share buyback

Published 18 Mar 2020 08:54 CET | Caribbean, Latin America

Liberty Latin America (LLA) announced that its board of directors approved the buyback of up to USD 100 million of the company's Class A and Class C shares over the next two ...

LatAm SVoD subs to nearly double to 81 mln by 2025 - study

Published 16 Mar 2020 16:18 CET | Latin America

The Latin American subscription video on demand (SVoD) market is set to continue bucking the region's recession to grow from 42 million subscriptions at the end of 2019 to 81 ...

Lenovo Data Center gets new marketing director for Latin America

Published 16 Mar 2020 09:33 CET | Latin America

Lenovo Data Center has announced the appointment of Valkiria Suzuki as its new marketing director in Latin America. She takes over the management of all initiatives related ...

Pluto TV reaches 55 content partnerships for LatAm launch

Published 13 Mar 2020 13:56 CET | Latin America

ViacomCBS-owned Pluto TV has announced partnerships with over 55 major media and content providers ahead of the launch of its Latin American service later this month. The ...

Hughes, Facebook top 1,000 satellite-powered Wi-Fi hotspots in Latin America

Published 10 Mar 2020 13:54 CET | Latin America

Hughes Network Systems has reached the milestone of 1,000 satellite-enabled Wi-Fi hotspots in Latin America in partnership with Facebook Connectivity. The company said each ...

Pluto TV inks advertising deals ahead of LatAm launch

Published 06 Mar 2020 12:00 CET | Latin America

Pluto TV Latin America, which launches later this month, said it signed a series of advertising deals at the third edition of Advertising Week LatAm, held in Mexico City. The ...

Zoom expands cloud phone service to more countries in Europe

Published 04 Mar 2020 07:53 CET | Europe, Latin America

Zoom Video Communications announced general availability of its Zoom Phone cloud phone service in 11 additional countries, taking it to a total 17 countries and one ...

Wayra-backed startup Clevernet launches WAN acceleration platform

Published 25 Feb 2020 15:27 CET | Latin America, Spain

Clevernet, a WAN optimisation company accelerated by Telefonica's Wayra innovation hub, has announced the general availability of its Simultaneous Multi-Path (SMP) software ...

Millicom revenues up 17% in Q4, profit soars on new acquisitions

Published 25 Feb 2020 15:04 CET | Latin America

Millicom reported revenues up 17.3 percent to USD 1.15 billion in the fourth quarter of 2019, aided by recent acquisitions in Panama (Cable Onda) and Nicaragua (Telefonica). ...

Telefonica holding 'several talks' on sale of Hispam unit

Published 21 Feb 2020 11:46 CET | Latin America, Spain

Telefonica is stepping up efforts to find a buyer for its operations in Latin America and is already assessing several proposals, reports business daily Expansion, citing the ...

Liberty Latin America Q4 revenues up 3%, adds over 400,000 FY subs

Published 20 Feb 2020 14:05 CET | Caribbean, Latin America

Liberty Latin America reported revenues of USD 974.6 million in the final quarter of 2019, up 3.2 percent on a rebased basis compared to the year-earlier quarter thanks above ...

Telefonica meets FY growth targets, sees stable results in 2020

Published 20 Feb 2020 08:28 CET | Latin America, Spain

Telefonica reported annual revenues up 3.2 percent on an organic basis and OIBDA rose 1.9 percent, meeting the company's outlook for around 2 percent growth in 2019. Net debt ...

America Movil to invest USD 8.5 bln in 2020, launch 5G in H2 - CEO

Published 14 Feb 2020 12:17 CET | Latin America

America Movil has plans to spend another USD 8.5 billion on capital expenditures in 2020, similar to last year's investment, to continue expanding its fibre-optic ...

Claro Caribbean revenues slip 4% in Q4, up 6% in Dominican Republic

Published 13 Feb 2020 11:51 CET | Caribbean, Latin America

America Movil's Claro units in the Caribbean reported fourth-quarter revenues down 4.3 percent year on year to USD 453 million, above all due to a 13.6 percent fall in fixed ...

America Movil revenues flat in Q4, net profit surges to MXN 21 bln

Published 12 Feb 2020 16:01 CET | Latin America

America Movil reported revenues of MXN 263 billion in the final quarter of 2019, flat year on year following the previous quarter's return to growth due mostly to the ...

Affirmed Networks awarded Millicom LatAm core network contract

Published 12 Feb 2020 08:56 CET | Latin America

Affirmed Networks has secured a contract to provide its cloud-based, 5G-ready core network platform to Millicom's markets throughout Latin America. Under the deal Affirmed ...

MercadoLibre sees 84% growth in underlying revenues in Q4

Published 11 Feb 2020 11:43 CET | Latin America

Latin American e-commerce group MercadoLibre reported net revenues of USD 674.3 million for the fourth quarter of 2019, a year-over-year increase of 84.4 percent on a ...

Chile's VTR tops LatAm fixed internet speed ranking with 85 Mbps

Published 11 Feb 2020 11:00 CET | Latin America

Chilean cable operator VTR, part of Liberty Latin America, once again posted the fastest fixed internet download speeds in Latin America, according to over 8 million tests ...

Netflix to move LatAm HQ to Mexico City

Published 05 Feb 2020 14:16 CET | Latin America

Netflix has decided to move its Latin American headquarters to the office it opened in Mexico City last year, reports Bloomberg. The company's Sao Paulo office will continue ...

ViacomCBS to launch Pluto TV streaming platform in Latin America next month

Published 04 Feb 2020 09:28 CET | Latin America

ViacomCBS announced that it will be launching its free streaming platform Pluto TV in Latin America at the end of March in a bid to rival the region's leading OTT ...

Telefonica hires Citi to assist sale of Hispam unit - report

Published 31 Jan 2020 15:26 CET | Latin America

An assessment by Goldman Sachs valued the unit at EUR 13.5 billion, equivalent to around 14 percent of Telefonica's assets, with a report in El Confidencial citing ...

 

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