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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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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 »

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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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