Telecoms news from El Salvador
Spain's Telefonica has announced the sale of a 40% stake in its assets in El Salvador, Guatemala, Nicaragua, and Panama for US$500 million, ...more.
America Movil has announced that it is cancelling a deal to buy Digicel's operations in El Salvador. ...more.
El Salvador's competition regulator, the SC has rejected plans by Digicel to sell its local subsidiary to America Movil. ...more.
Telemovil's ratings reflect its diversified service offering and platforms, leading positions in mobile and pay television services in El Salvador, strong brand recognition, extensive network coverage, sound financial profile and positive pre-dividend free cash flow. ...more.
El Salvador's telecoms regulator has announced that some 113,000 prepaid mobile accounts have been cut-off this year due to their ownership details not being correctly registered. ...more.
Pan-Caribbean operator, Digicel has announced that it has signed an agreement with America Movil to acquire its Claro business in Jamaica, and to sell to America Movil its businesses in El Salvador and Honduras. ...more.
Huawei has been selected by Millicom, a mobile phone network provider in Latin America and Africa, to deploy an international long-distance network in Central America. ...more.
High-level market penetration in markets such as El Salvador, Guatemala and Panama, together with falling income from fixed line and long-distance services, are forcing operators to seek out new sources of revenue, ...more.
Digicel has reported that its full-year revenues rose by 11% to reach US$1.73 billion, while BITDA margin rose to 40%, indicating the maturing of its successful rollouts in markets including El Salvador and Trinidad & Tobago ...more.
El Salvador's fixed and mobile data markets will double in size by 2014 as mobile data services, fixed broadband, and pay-TV drive growth, according to a new report from Pyramid Research ...more.
Millicom International says that it has purchased the remaining shares in two joint ventures, Navega in Central America and its business in Chad, for a proportional total of US$60 million. ...more.
Digicel has teamed with The Western Union Company to allow US residents to buy PrePay top-ups and send them to mobile phone accounts belonging to customers in Jamaica, Haiti, El Salvador and Guyana. ...more.
El Salvadorian mobile operator TelemÃ³vil, a unit of European mobile holding company Millicom International Cellular, has won two portions of spectrum in the PCS 1990MHz band with a total offer of US$3.78mn, local telecoms regulator Siget said in a statement. ...more.
Irish-owned Caribbean and Central American mobile operator Digicel has signed a prepaid phone recharging agreement with UK banking group HSBC for Digicel's subscribers in El Salvador, Digicel said in a statement. ...more.
Mexican mobile group America Movil has closed its acquisition of Jamaican mobile operator Oceanic Digital, the former said in a statement. ...more.