Nevertheless, Deutsche Telekom AG, Telefonica, S.A. and Telenor ASA will likely benefit in the long run from the wide proliferation of IoT and transition to cloud and next-gen technologies driven ...

In March, more than 25,000 barrels spilled in the northwestern coastal province of Esmeraldas. Oil is one of Ecuador's primary exports. Last year, the country sold $8.6 billion worth of crude oil.

Millicom said that the acquisition of Movistar in Ecuador strengthens its position in South America and deepens its geographic diversification In sum – what to know: Telefónica exits Ecuador – ...

Telefónica has agreed to sell its Ecuadorian subsidiary to Millicom Spain for €330 million, continuing its strategic retreat from Latin America under chairman Marc Murtra. The sale of Otecel, which ...

This time it’s exiting Ecuador. Telefonica announced late last week that it had reached an agreement with Millicom, which has a strong presence in Latin America, operating under the Tigo brand in ...

Telefonica sold its operations in Guatemala to rival America Movil for 293 million euros in 2019. BRAZIL Telefonica's Sao Paulo-listed unit Telefonica Brasil is part of its four "core businesses".

Millicom has signed a definitive agreement to acquire Telefónica’s telecommunications operations in Ecuador in a transaction valued at USD 380 million. This acquisition aligns with Telefónica’s ...

What’s going on here? Telefonica is shaking up its strategy by selling its Ecuador business to Millicom for $380 million, aiming to refocus on primary markets. What does this mean? Telefonica’s ...

Telefónica’s exit from Latin America continues with news that it is selling Otecel– aka Telefónica Ecuador – for $380m to Millicom, the network operator that is looking to scale up even further in the ...

Millicom agreed to buy Telefonica’s business in Ecuador for $380 million, its second deal for one of the latter’s units in Latin America announced in the space of a month. The latest agreement is ...