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Tag: telefonicas
America Movil and Telefonica's Telxius announce new Pacific undersea cable
2019-06-25 09:05:00| Telecompaper Headlines
(Telecompaper) America Movil and Telefonica's infrastructure subsidiary Telxius have announced plans to roll out a new 7,300 km submarine cable along the Pacific coast of Latin America. The two largest telecommunication groups in Latin America said the cable will connect Puerto San Jose (Guatemala) with Valparaiso (Chile) and have additional landing points in Salinas (Ecuador), Lurin (Peru) and Arica (Chile). It will have an initial estimated capacity of 108 Tbps with six fibre pairs offering the lowest possible latency between Guatemala and Chile, combined with the highest levels of service, reliability and security, said the partners in a joint statement.
Tags: america
cable
pacific
announce
Millicom acquires Telefonica's Panama, Costa Rica and Nicaragua units for USD 1.65 bln
2019-02-21 08:56:00| Telecompaper Headlines
(Telecompaper) Millicom has announced an agreement to acquire Telefonica's mobile telecommunications assets in Panama, Costa Rica and Nicaragua for a total of USD 1.65 billion in cash. The transaction is subject to customary closing conditions, including regulatory approval in each market, and is expected to close in the second half of 2019.
Mediaset acquires Telefonica's 11% stake in Premium unit
2017-06-20 08:30:00| Telecompaper Headlines
(Telecompaper) Italian commercial broadcaster Mediaset has announced the acquisition of an 11.1 percent stake in its pay-TV unit Mediaset Premium from Spain's Telefonica for an undisclosed amount. The Spanish group acquired the stake in 2014 for EUR 100 million but has always been regarded as a passive shareholder, especially since French media giant Vivendi pulled out of a deal to take over Premium, prompting a full-scale legal battle with Mediaset, which is seeking EUR 1.5 billion damages in the case. In a short statement, Mediaset simply confirmed the acquisition and said it now owned 100 percent of Premium shares.
Tags: premium
unit
stake
acquires
Telefonica's Telxius IPO aims to raise up to 1.5bn
2016-09-20 02:00:00| Total Telecom industry news
Spanish incumbent to sell at least 36.4% of infrastructure arm; shares expected to begin trading on 3 October.
Tags: raise
aims
ipo
telefonicas
Telefonica's board Taps Alvarez-Pallete as Chief Executive
2016-04-08 17:21:57| Telecom - Topix.net
Spanish telecommunications company Telefonica says its board has unanimously voted in Jose Maria Alvarez-Pallete as chief executive and chairman of the board. Telefonica SA said in a statement Friday that Alvarez-Pallete replaces Cesar Alierta, who is stepping down after 16 years but will retain a seat on the company's board.
Tags: board
executive
chief
taps