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Millicom said that it is acquiring a controlling stake of 80% in Cable Onda, the largest cable and fixed telecommunications services provider in Panama, Latin America's fastest-growing economy.
–Argentine President Mauricio Macri announced a national connectivity plan with key objectives including taking 4G internet to 93% of the population by the end of next year.
–Hyperinflation could cause Spanish telecom company Telefónica a 625mn-euro (US$721mn) hit in 2018.
–Telecoms regulator IFT said the country finished liberating the coveted 600MHz band for telecommunications services by granting frequency changes to the last two broadcasters transmitting in it.
–New rules for telecommunications companies deploying cables over the 11mn-strong network of electricity poles throughout the country. The new rules have been published to order the often chaotic lattice of wires hanging from electricity poles.
Telefónica del Perú has allied with Facebook and local mobile infrastructure provider Mayutel to roll out 4G technology in the city of Atalaya in central-east Peru.
–Datacenter services firm Ascenty is investing 100mn reais (US$26.7mn) in the expansion of its datacenter in Rio de Janeiro. Works are expected to be concluded in the second half of 2019, the company said.
–The sale of servers, external storage and networking infrastructure in Brazil performed strongly against the backdrop of a weak economy. The segment expanded 41% in the second quarter of the year, compared with the same period in 2017.
Telecoms companies Claro and Entel have dropped legal action against regulator Subtel after the watchdog partially lifted a ban on using the 3.5GHz band.
El Salvador's legislative assembly created an advisory group composed of telecommunications operators and regulatory institutions to discuss four competing bills to reform the country's telecoms law.