Xiaomi changes device sales strategy
Less than three months after launching in Brazil, Chinese smartphone maker Xiaomi tapped carrier Vivo to sell its Redmi 2 device. The move represents a change in Xiaomi’s strategy; initially the manufacturer said it would only sell its smartphones direct through...
Colombia's Communications Regulation Commission announced a reduction in interconnection rates, the fees that telecom operators pay to connect with each other. ICT Minister Diego Molano Vega said the move is part of the government's effort to promote competition and benefit consumers.
Between 2010 and 2014, prices paid by users fell by 19%....
American Tower is expanding its tower portfolio in Brazil with the purchase of more than 6,400 towers from Telecom Italia's TIM Cellular for roughly $1.2 billion. Of the 6,400-plus towers, 1,240 are subject to certain preemptive acquisition rights held by third parties.
The company expects the new...
As opposed to the country's 2.5 GHz spectrum auction, Brazil’s 700 MHz auction had almost no premium over the set minimum prices and the government raised much less than it expected. Also, the proceedings resulted in no new entrants into the country's hotly contested...
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...
