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TIM, Telefonica and Claro granted right to match higher Oi mobile bids

2020-09-08 15:28:00| Telecompaper Headlines

(Telecompaper) TIM Brasil, Telefonica Brasil (Vivo) and Claro (America Movil) have been granted the right to match higher bids for the mobile assets of Brazilian operator Oi. Oi also announced that its creditors have approved the proposed changes to its debt restructuring plan.

Tags: mobile higher match tim

 

Telefonica activates 5G, to reach 75% of Spanish population this year

2020-09-01 14:32:00| Telecompaper Headlines

(Telecompaper) Telefonica has followed Vodafone and launched commercial 5G services throughout Spain, pledging to reach 75 percent of the Spanish population by the end of the year. In a video statement, the company's executive chairman Jose Maria Alvarez-Pallete described the deployment as the most ambitious in the European Union. "The launch of 5G is a leap forward towards the hyperconnectivity that will change the future of Spain," he said, adding that "it's 5G for everyone, without any exceptions, in all the autonomous communities".

Tags: this year spanish reach

 
 

El Salvador imposes strict conditions on America Movil's request to buy Telefonica assets

2020-08-19 10:01:00| Telecompaper Headlines

(Telecompaper) El Salvador's antitrust regulator Superintendencia de Competencia has provisionally approved America Movil's request to acquire Telefonica's operations in El Salvador on acceptance of a series of anti-trust conditions. In a statement, the watchdog cautioned that Claro El Salvador's increased market share could give rise to "limits on competition" and the operator must therefore rule out the future use of spectrum currently used by Telefonica's Movistar unit in the country. The portions include 25 MHz with national coverage in the 850 MHz band and a further 30 MHz in the 1900 MHz band.

Tags: conditions buy request america

 

Claro gets one step closer to Telefonica unit acquisitions in El Salvador

2020-08-19 02:00:00| Total Telecom industry news

America Movil’s Claro has been looking to purchase two of Telefonica’s units in El Salvador since May last year, but fears around the deal stifling competition have slowed the process…read more on TotalTele.com »

Tags: step unit salvador closer

 

Telefonica plans new company to expand fibre in Germany

2020-08-03 09:49:00| Telecompaper Headlines

(Telecompaper) Telefonica plans to create a company to provide fibre-optic networks for under-served areas of Germany, Chief Operating Officer Angel Vila said, according to Reuters. It has already received expressions of interest from investors. Telefonica's new infrastructure unit would run the new operator, which will have "limited financial exposure", Vila said. Subsidiary Telefonica Germany might take an equity stake in the new firm.  

Tags: company germany plans expand

 

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