Millicom International Cellular, whose operations in Latin America are known under the ‘Tigo’ brand, announced a USD 250 million investment, with the aim of expanding its fixed and mobile internet services in Panama, where it also plans to create a ‘Fintech Hub’, according to the information that the company has officially reported this week. The [...]
Jorge Nobrega, CEO at Grupo Globo, announced in an interview with the Brazilian Valor Economico newspaper that the company plans to make a R$ 1 billion (USD 237.7 million) investment in Globoplay and new technologies during 2020. ‘There are different opportunities for Globoplay compared to competitors such as Netflix or Amazon Prime Video, which, although [...]
Netflix will invest R$ 350 million (USD 87 million) in Brazilian productions during 2020 and will launch up to 30 new titles for that market. Greg Peters, Chief Product Officer at Netflix, said the investment will focus on new series and seasons of existing titles. The announcement was made during Futurecom, a telecommunications and technology [...]
Netflix President and CEO, Reed Hastings, reported that the OTT will make a USD 200 million investment in Mexico in order to create content in the country during next year. The manager has also confirmed that Netflix will launch 50 series and movies in the country during 2020. ‘We are investing so much in many [...]
Eutelsat and Broadpeak announced a 10 million euros investment (USD 11,2 million) in Broadpeak’s solutions to develop new generation video services. Eutelsat and Broadpeak will pool their technological resources to expand their respective portfolios of services for telecom operators, media groups and content owners by offering them turnkey video delivery solutions enabling them to respond [...]
Carlos Slim Domit, America Movil Board of Director’s Chairman, made critics on today’s pay TV prices in Mexico and said that, with the lack of competition in the area, prices have increased in a considerable way, while telephony and Internet are maintaining cheaper rates than in the US. ‘Telcel and Telmex, by investing in towns [...]