Two big moves by large carriers within a single week will bring big changes to Latin American wireless markets.
AT&T’s announcement that it will acquire Nextel Mexico showed how the U.S.-based carrier plans to expand its operations further in the country after its purchase of Iusacell.
“AT&T announced its intention to implement a 'one...
Even though the use of white space is not regulated in Brazil, the WhiteSpace Alliance is conducting a pilot test to check its availability for potential broadband use. White space is frequency that is assigned for television broadcasting but not fully utilized. According to the WhiteSpace Alliance,...
After the general meeting of Portugal Telecom SGPS shareholders was postponed, Oi said that while it supported the meeting delay, the sale of its stake in PT Portugal to Altice is the best alternative for the company. At the meeting, which was originally scheduled for...
Portuguese authorities said they conducted a search of Portugal Telecom's offices as part of a fraud investigation. Newspaper Diaro Economico reported that the PT shareholder assembly to approve the sale of PT assets to France's Altice could be delayed because an audit of PT's relationship...
Oi's board of directors has approved the sale of Portugal Telecom shares to Altice. The transaction is estimated at $9.1 billion and involves the transfer of all shares issued by PT Portugal.
In a statement released on Dec. 8, Oi said it has finalized the formalities...
After much speculation, Telecom Italia’s board of directors approved an investigation into potentially integrating its Brazilian unit, TIM, with rival operator Oi. Earlier this year, Oi saw its attempt to merge with Portugal Telecom fall apart after Rioforte defaulted on €897 million ($1.12 billion) debt held by Portugal Telecom.
The Telecom Italia decision follows Telefónica’s planned...
Cisco readies the IT workforce for wireless, Oi finds a bidder from the cable space and IHS raises billions for African towers.
RCR Mobile Minute 11/3/14
Cisco creates new certifications
Cisco is adapting its certifications to help IT professionals increase their wireless skill sets. The networking giant...
SÃO PAULO — This year's Futurecom trade show was bigger than last year's event with a total of 350 brands in attendance and an expected 15,000 attendees. Two major topics headlined this year Futurecom event: What will happen to Brazilian mobile operator Oi (check...
SAO PAULO – While Brazilian carrier Oi's future is uncertain, its new CEO, Bayard Gontijo, supports the consolidation of the telecom market in Brazil. Rival operators TIM and Oi have each looked into buying the other, and Oi faces cash problems related to its merger with...
Mexico's telecommunications regulator, IFT, has imposed a $3.69 million fine on fixed-line operator Telmex for monopolistic practices in long-distance services. IFT said Telmex committed a serious infraction by ignoring competitor Axtel's requests to interconnect with its network. The carrier also did not provide information about...
Telefónica has inked a deal to buy Brazil's GVT for roughly $9 billion. GVT's current owner, France's Vivendi SA, fielded competing bids from Telefónica and Telecom Italia. GVT offers fixed telephony, broadband and pay-TV services.
The final purchase price is lower than expected; Telefónica reportedly...
A flurry of potential acquisitions in Brazil has resulted in two competing operators, Oi and TIM Brasil, each considering bids to buy the other.
First, there is the ongoing battle for Vivendi's Brazilian unit, GVT. Telefónica raised its offer for GVT to U.S.$9.83 billion in cash...
UPDATED: The future of Brazil's telecom market has become complicated by several potential, competing acquisition offers. Nearly everyone expects some kind of market consolidation, but how it will happen is not yet clear. Over the past few weeks, French company Vivendi has fielded dueling bids from Spain's Telefónica...
In a new twist to the changing Mexican telecom market, Telefónica is reportedly in talks to acquire Grupo Iusacell, a deal that could be worth up to $4 billion, according to local newspaper El Confidencial. Rumors have been circulating since early June that the two were considering a merger. In a regulatory...
NII Holdings is reportedly selling its Nextel operations in Chile and Argentina. According to the Argentinean newspaper La Nación, two Argentinian businessmen, MatÃas Garfunkel and Sergio Szpolski, the owners Grupo Veintitres, are close to buying the mobile phone service for about $250 million.
Last year, NII Holdings agreed...
The Spanish group Telefónica announced a major reorganization in its operations, ending the Telefónica Digital unit, created in 2011 with the objective of bolstering Telefónica’s place in the digital world and leveraging any growth opportunities arising in this environment. To replace its digital unit,...
SBA Communications deepened its tower holdings in Brazil, announcing today that it has entered into an agreement to purchase 2,007 wireless sites from that country’s largest telecommunications provider Oi for $645 million.
SBA noted that at the close of the deal, Oi will enter into...
RIO DE JANEIRO — Brazil’s Oi, which recently merged with Portugal Telecom, announced it will have 500,000 Wi-Fi hotspots in Brazil by the end of this year. Speaking at the Futurecom event, Zeinal Bava, president of Oi and PT, said that the carrier has 319,000...
Last month Spanish telecom operator Telefonica announced it was increasing its stake in the holding entity that controls a 22.4% stake in the largest Italian operator, Telecom Italia. While the new agreement
Mobile payment is currently one of the hottest topics in the Brazilian ICT industry. Frost & Sullivan had the opportunity to discuss the trends of this market with telcos and value chain
