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IBM, EBX reach tentative deal on broad partnership

Brazilian holding company EBX and IBM (NYSE: IBM) have signed a memorandum of understanding to establish a partnership to support the growth strategies of the two corporations. This strategic partnership would cover a wide variety of business initiatives to meet the natural resources and...

Emerging markets to represent 30% of IBM’s global revenues by 2015

IBM’s growth market unit, which includes 152 emerging countries under China’s leadership, is expected to represent 30% of the company's revenues by 2015, an increase of 5 percentage points from IBM's initial prediction of 25%. “Brazil is No. 2, behind China, in terms of...

Brazilian telecom market to reach $97B by 2016, study says

Brazil's telecom services market is poised to grow to U.S. $97 billion in 2016 from $66 billion in 2010, driven mostly by the increase of pay-TV, broadband and mobile data, consulting firm Frost & Sullivan said in a study presented in to a small...

MasterCard, Telefónica create m-payment joint venture

MasterCard and the Brazilian unit of Spain's Telefónica have created a joint venture to offer mobile financial solutions, or m-payment, for 65 million Vivo consumers in Brazil. The initiative aims to create a mobile wallet allowing consumers to make payments via their mobile phones...

Study: Brazilian telecom investment to reach $35B by 2016

“The investments in the telecommunications market had not been so high since the Brazilian privatization in 1998,” said Renato Pasquini, Frost & Sullivan’s industry analyst, during a presentation of the consulting firm's newest study on the Brazilian telecommunications services market. The investments of the biggest...

After layoffs, AMD aims to double revenue in Latin America by 2015

Ronaldo Miranda, Advanced Micro Devices’ (NYSE: AMD) president for Brazil and Latin America’s vice president since March, is celebrating. “We started 2011 with 7% of market share in laptops and consumer verticals in Brazil, and now we have 20%, which is higher than our goal of 15%,” he said during a news conference Tuesday.

Oi to install fiber optic in Paraguay and offer corporate service

Brazilian carrier Oi (TNE) is expanding its business in neighboring Paraguay, where the Paraguayan National Telecommunications Commission (Conatel) has authorized Oi to begin operations in the east of the country as a wholesaler, reported La Nación. The local press also noted that Oi intends...

Broadband activations in Brazil pass 1-per-second mark

The number of broadband connections in Brazil reached 53.9 million in October, an increase of 68.4% compared with the same month last year, as the rate of broadband activations to more than one new access every second, Telebrasil reported.

Brasscom: Brazil will be short 750,000 IT professionals

A recent study of the Brazilian Association of Information Technology and Communication (Brasscom) shows what was already known: Brazil lacks skilled workers. The country will need an additional 750,000 IT professionals to keep pace with increasing demand, Brasscom says.

Profit, customer base soar for GVT in third quarter

In the third quarter, Brazilian telecom operator GVT Holding, owned by French entertainment and telecom group Vivendi, saw net revenues rise 38.4% and a 50.1% increase in the number of lines in service in the customer base.

In new digital plan, Ecuador aims for Internet access to half of all households by 2015

Ecuador has unveiled its national digital strategy, with the goal of having Internet access in place for half of the country's households by 2015, up from a current level of 29%.

Reality Check: regulatory challenges for Brazilian MVNOs

Editor’s Note: Welcome to our weekly Reality Check column. We’ve gathered a group of visionaries and veterans in the mobile industry to give their insights into the marketplace. Recently authorized by Anatel, the Brazilian Telecommunications Government Agency, the two pioneer mobile virtual network operators (MVNOs), Porto Seguro Telecomunicações...

Latin American revenue grows to 46% of Telefónica’s global total

Latin America and mobile data were the main drivers of Telefónica Group's revenue during the first nine months of 2011. Telefónica Latinoamérica reported an 8.1% rise in revenue compared with the same period last year, accounting for 46% of the group total; mobile data revenue rose 19.6%.

New rules impeding mobile’s growth in Brazil, SindiTelebrasil chief says

In an interview with RCR Wireless News, Eduardo Levy, executive director of telecom union SindiTelebrasil, evaluates the effect of Rio de Janeiro's new rules on towers on Brazil's telecom landscape.

Brazil: Is the country of the future arriving?

With Brazil growing into prosperity, is the country of the future finally arriving? Yes, say experts, but Brazil must make more progress to become more competitive.

Brazil’s ICT market may reach $400B by 2022, Brasscom says

Brazil's information and communications technology market could reach U.S. $400 billion by 2022, according to Brasscom, thanks to several major factors boosting the country's telecom transformation.

Oi secures $1 billion credit line

Brazil's Oi Group says it has obtained a revolving credit facility worth U.S. $1 billion to reinforce its cash position in coming years.

Rio de Janeiro sets new rules on telecom towers

In Brazil, the city of Rio de Janeiro has new rules for installing radio base stations sites. The city is establishing a series of stricter rules for telecoms towers, both in public and private. Among the main features, carriers will have to share their towers...

New president for Anatel; 4G auction looms

The Brazilian government named João Batista de Rezende to a two-year term as president of Anatel, the country’s telecommunications regulator. Rezende will replace Ronaldo Sardenberg, Anatel’s president since 2009. Among other challenges, Rezende faces a controversial April auction of 2.5 GHZ spectrum, which will allow...

Study: Same goals, different results for telecom regulation in Brazil, India

Brazil and India followed telecom regulatory policies with an objective to bring in privatization and competition, but the variations in models followed by the two has led to different sectoral outcomes.

Gartner: Latin America’s share of global IT spending growing

Latin America's share of worldwide information technology spending is on the rise, according to research firm Gartner Inc. By the end of this year, IT spending in Latin America will equal 29% of the United States' total of U.S. $1.033 trillion in IT spending...

Brazilian Oi Q3 net profit drops 21%

Brazilian carrier Oi posted a 21% decrease in third quarter net profits from a year ago to $249 million. Net revenues dropped 1.9% over the same time frame to $4 billion, while earnings before interest, tax, depreciation and amortization, an indication of a company's...

Coca-Cola’s movement to become mobile

The first thing companies should do when planning to institute a mobile strategy is to prepare their websites for mobile access, explained Juan Adlercreutz, interactive marketing director at Coca-Cola, to RCR Wireless News. Adlercreutz spoke at the recent at MMA Forum Latin America, which took place...

Google: Brazil is top 5 for mobile Internet usage

Brazil is one of the top five countries in te world for mobile Internet usage, said Google's head of mobile advertising Peter Fernandez, during an interview with with RCR Wireless News at the recent MMA Forum Latin America. Fernandez noted that in Brazil, 1.1 billion...