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The company was created in Madrid in 1924 as Compañía Telefónica Nacional de España (CTNE) with ITT as one of its major shareholders. [5] In 1945, the state acquired by law a share of 79.6% of the company. This stake was diluted by a capital increase in 1967. [6]
In January 2019, America Movil announces the acquisition of Telefonica's operations in Guatemala and El Salvador for $333 million and $315 million respectively. However, the agreement for Telefonica Moviles and Telefonica Multiservicios in El Salvador, under the Movistar brand, was cancelled by mutual agreement with Telefonica in 2020 due to ...
Americatel Guatemala (Entel (Chile)) AT&T Guatemala ; Cablenet SA; Empresa Guatemalteca de Telecomunicaciones (GUATEL) (state-owned) Telecomunicaciones de Guatemala (América Móvil) Telecomunique Guatemala (Telecomunique) Claro (América Móvil)
Spanish telecommunications giant Telefonica Saturday said it had replaced its president in a surprise move driven by pressure from major shareholders. An emergency meeting of the company's board ...
On 4 August 2010 the major telecommunications group Telefónica acquired 85% of Tuenti's shares for a total of 70 million euro, becoming its largest shareholder. [14] In that same year, Tuenti started the development of a light virtual mobile network operator which worked completely under the Movistar (Telefónica) infrastructure. Later, in ...
Part of the Telefónica Group (the former Spanish public telephone monopoly), Terra operated as a web portal or Internet access provider in the United States, Spain and 16 Latin American countries. It was founded in 1999 as Terra Networks, S.A., a publicly traded company with Telefónica as its main shareholder.
Claro was introduced in Guatemala on September 7, 2006 as a rebranding of Telgua-owned PCS Digital and Alo de PCS. As of March 31, 2007, Claro in Guatemala had more than 5.2 million subscribers, with CDMA/1XRTT, GSM/GPRS/EDGE and UMTS/HSDPA (some cities with HSPA) wireless technology.
Telefonica's battle to acquire a controlling stake in Brazil's leading mobile phone company, Vivo, has reached a resolution, with the Spanish telecom giant ponying up nearly $9.75 billion to ...