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Latin American

Latest Headlines

Latest Headlines

Telefónica plunges to quarterly loss, dragged down by Spain

Telefónica blamed fierce competition in its domestic Spanish market for dragging the company into its first quarterly loss in nine years. The operator the third-quarter loss of €429

NTT's Dimension Data takes another step into the clouds with OpSource acquisition

NTT Communications' ( NYSE: NTT ) subsidiary Dimension Data is enhancing its cloud services strategy by acquiring OpSource, an enterprise cloud company. Financial details of the deal were not

Equinix gains instant Latin American presence by completing its ALOG acquisition

Equinix ( Nasdaq: EQIX ), together with private equity partner Riverwood Capital, has completed its acquisition of a major stake in Brazil-based ALOG Data Centers . With this all cash deal complete,

Telmex renames its Ecuador wireline unit as Claro

America Movil's ( NYSE: AMX ) Ecuador wireline unit will soon be known under a new brand as Claro. Rebranding the unit as Claro is part of a broader strategy taken by Mexican telecom tycoon Carlos Slim

Telecom Italia realigns management team

Telecom Italia ( NYSE: TI ) is making some changes to the telco's top management team, a process that will promote current CEO Franco Bernabe to the executive chairman role at the end of his term in

Telecom Italia raises ownership stake in Telecom Argentina to 21 percent

Seeing a greater opportunity in the Latin American telecom market, Telecom Italia ( NYSE: TI ) has bought a 10 percent stake in Telecom Argentina from its holding company Sofora's capital for $145

Brazil's Telebras to name contractors for national broadband plan

Brazil continues to make progress with its national broadband plan , otherwise known as (Plano Nacional de Banda Larga, PNBL), as its state-owned service provider Telebras is close to naming vendor

Sunrise Telecom, Calnex to jointly target Latin American opportunities

Sunrise Telecom and Calnex Solutions took time out at this week's Metro Ethernet Forum (MEF) Quarterly meeting to announce they have established a partnership to sell Calnex's Paragon test products

ADB acquires Pirelli's broadband business for $30.6 million

Digital TV equipment provider ADB Group has won the hand of Pirelli Broadband Solutions with a $30.6 million bid for the unit. The Switzerland-based company's bid includes about $19.49 million in

Telefónica O2: no impact from loss of iPhone exclusivity

Reporting only a two per cent rise in its first quarter profits, Telefónica O2 European head, Matthew Key, claimed that the company hadn't felt any negative impact from the loss of iPhone