BNamericas' own Patrick Nixon recaps the big takeaway from the conference in Los Angeles, where the issue of deploying 5G in the region was front and center.
As Colombia-based Rappi raised another US$200mn in venture capital to reach the elusive "unicorn" status, market potential drove retail giant Walmart to acquire smaller competitor Cornershop.
The fixed broadband projects to be granted credits at subsidized rates must be aimed at localities with up to 50,000 residents.
BNamericas talks to experts at Mobile World Congress Americas conference in Los Angeles to find out how the region's financial services industry can innovate and revolutionize payments.
The world's leading retailer will keep Cornershop's current management in place, Walmart said in a statement.
Rio de Janeiro, in turn, has the worst rate among the country's largest cities.