Sweden’s Telia Company is one step closer to concentrating operations on its core Scandinavia and Baltic units. A recent agreement cemented the plan to offload its stake in Turkcell.
In December 2019, UK telecom giant BT Group agreed to sell BT Espana to investment fund Portobello Capital. This was the first part of its plan to dismantle and sell off its sprawling BT Global Services unit. This month, BT agreed to offload its Latin American businesses to CIH Telecommunications Americas, marking the second confirmed transaction.
Today we examine BT’s motivations and take a closer look at other businesses that are likely to be sold off.
Mobile data usage continues to boom worldwide.
Here’s just one example. Following Super Bowl LIV in Miami, AT&T reported that users in the stadium consumed 10.2TB of mobile data during the game. This is enough to stream high-definition video for almost two months straight.
December 2019 marked the tenth anniversary of the world’s first commercial LTE network launch. Scandinavian telco Telia paved the way in Stockholm and Oslo way back in 2009.
As for the decade that followed? Let’s take a closer look.
After months of speculation linking Spanish telecom giant Telefonica to a sale of its Central American operations, in January and February 2019 the group agreed to offload all five of its units in the region. Today we look at the deals in question and evaluate how they’ll impact the competitive landscape in Central America.
Mexican telecom giant America Movil (AM) recently struck an agreement to acquire 100 percent of Nextel Brazil from its co-owners, U.S.-based NII Holdings (70 percent) and AI Brazil Holdings (30 percent). They’ll pay $905 million for the business.
When the deal receives regulatory approval, Nextel will likely merge with AM’s existing Claro business. This will make use of Nextel’s substantial spectrum holdings in São Paulo and Rio de Janeiro.
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