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Tag: telefonicas
Nokia and Ericsson set to drive Telefonicas 5G push across Spain
2020-09-10 02:00:00| Total Telecom industry news
At the start of September, Telefonica commercially launched its 5G network in Spain, with executive chairman José María Álvarez-Pallete calling the move “a leap forward towards the hyperconnectivity that will change the future of Spain.” At the time…read more on TotalTele.com »
America Movil aborts deal to acquire Telefonica's El Salvador unit
2020-09-04 09:20:00| Telecompaper Headlines
(Telecompaper) America Movil has announced the termination of its deal to acquire 99.3 percent of Telefonica's Movistar El Salvador unit due to the strict anti-trust conditions imposed by the country's competition watchdog. The decision is by mutual agreement and comes "after careful consideration by both parties of the conditions to obtaining regulatory approval established by the Superintendencia de Competencia in their recent ruling on the proposed transaction," said the Mexican telecommunications giant in a statement.
Tags: america
unit
deal
salvador
Liberty Latin America acquires Telefonica's Costa Rica unit for EUR 425 mln
2020-07-30 10:17:00| Telecompaper Headlines
(Telecompaper) Telefonica has announced an agreement to sell its mobile telecommunications assets in Costa Rica to Liberty Latin America for a total of USD 500 million (EUR 425 million), a multiple of around 7.4 times the unit's 2019 OIBDA. The transaction comes just 3 months after Millicom pulled out of a deal to acquire the unit for USD 570 million, paving the way for legal action from the Spanish operator. Last November Telefonica announced the "operational spin-off" of its remaining Latin American units as part of a restructuring plan to modulate its exposure to the region and focus on its core markets of Spain, the UK, Germany and Brazil.
Telefonicas Spanish IoT market grows, invests in Nozomi for security
2020-07-14 02:00:00| Total Telecom industry news
On Monday, Telefonica announced that the first quarter of 2020 has seen its IoT connections increase to over 2.6 million, a year-on-year growth of 12.4%. Telefonica offers both NB-IoT (Narrowband IoT) and LTE-M (Long Term Evolution for Machines) solutions to its customers, with the former more suitable for widespread deployments…read more on TotalTele.com »
Tags: market
security
spanish
grows
Loon partners with Telefonica's 'Internet for all' to bring balloon-powered connections to Peru
2019-11-22 08:51:00| Telecompaper Headlines
(Telecompaper) Alphabet's Loon has reached an agreement with the 'Internet para Todos' (IPT) project launched last year by Telefonica and Facebook to expand mobile internet access to parts of the Peruvian Amazon using high-altitude balloons. Under the terms of the deal, the partners will work together to serve parts of Loreto, one of Peru's largest and most remote regions, providing underserved Telefonica customers with mobile internet coverage starting next year. Peru will therefore become the first country in Latin America to use Loon on a sustained, non-emergency basis, upon regulatory approval.
Tags: to
internet
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