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Tag: latam
BT sells LatAm operations in 16 countries to CIH
2020-03-20 09:17:00| Telecompaper Headlines
(Telecompaper) BT has reached an agreement to sell selected domestic operations and infrastructure across 16 countries in Latin America to CIH Telecommunications Americas LLC, an affiliate of CIH Technology Holdings, as part of the ongoing transformation of its Global unit. No financial details were disclosed but BT said the assets and operations in the scope of the transaction delivered revenue of GBP 110 million in the 2018-19 fiscal year.
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BT offloads LatAm operations to CIH Technology
2020-03-20 01:00:00| Total Telecom industry news
For some time now, BT has been working towards stripping back its international business portfolio to focus more directly on its home markets. The strategy change came partly as an attempt to rally falling share prices, but also as a reaction to oversees controversies, such as the fraud case in which BT Italy was embroiled last year…read more on TotalTele.com »
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operations
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OpenRAN picking up steam in LatAm
2020-03-04 01:00:00| Total Telecom industry news
IpT announced on Monday that they had deployed hundreds of 4G OpenRAN sites throughout Peru working with Parallel Wireless. OpenRAN has many attractive advantages for operators, allowing them to choose from a wider range of equipment at more competitive prices, as well as facilitating virtualisation. While it is still a maturing technology…read more on TotalTele.com »
Latin American billionaires could be teaming up to take majority control of Telefonica LatAm
2020-01-21 01:00:00| Total Telecom industry news
Last year, Telefonica announced a broad business transformation plan, aiming to spin-off the majority of its units in Latin America (excluding Brazil) in order to focus more on its core European markets. As such, it also announced that a new executive team had been selected for the Telefonica Latin America unit…read more on TotalTele.com »
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Telefonica unveils plan to spin off LatAm business and prioritise Spain, Brazil, UK, Germany
2019-11-28 09:23:00| Telecompaper Headlines
(Telecompaper) Telefonica has announced a major organisational restructure following a meeting of its board of directors. The company's 5-point plan to generate more than EUR 2 billion a year in additional revenues from 2022 onwards involves prioritising its four key markets of Spain, Brazil, Germany and the UK, carrying out an "operational spin-off" of its Latin American business and setting up a subsidiary for its cloud, cybersecurity and Internet of Things (IoT) businesses called Telefonica Tech and another for its infrastructure assets called Telefonica Infra.
Tags: business
plan
uk
germany
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