British Telecommunications Plc (BT) announced a series of investments aimed at doubling its business in key Latin American countries over the next three years.
By recruiting 250 new staff, increasing its professional services capabilities, opening new centers of excellence and implementing a wide range of network and customer service improvements, BT will better support global customers [...]

US based NII Holdings, Inc., a differentiated provider of mobile communication services operating under the Nextel brand in Latin America, Tuesday announced the launch of a new brand identity across the region, which includes a new logo, tagline and graphic design.
The new logo will unify the brand identity and enhance brand recognition across all five [...]

Hitachi Kokusai Electric Inc. has reached an agreement with the Brazilian broadcast transmitter manufacturer Linear Equipamentos Eletrônicos S/A to acquire a majority of Linear’s shares by early October 2011.
Hitachi has purposed the investment towards developing a terrestrial digital broadcasting equipment business in South America. Negotiations are proceeding, with both parties targeting the conclusion of a [...]

TIM Participações S.A., through its subsidiary TIM Celular S.A., Thursday signed an agreement for the acquisition of AES Atimus Group (in effect 100% of Eletropaulo Telecomunicacões Ltda and AES Communications Rio de Janeiro S.A.) from Companhia Brasiliana de Energia.
The group is a telecommunications infrastructure operator in the states of San Paolo and Rio de Janeiro, [...]

Valor Economico Friday reported that Mexico’s America Movil SA plans to invest 1.9 billion Brazilian reais ($1.2 billion) in its Brazilian mobile phone unit, Claro, in 2011, in a move aimed at enabling the Brazilian unit maintain its market share.
According to Economico, in recent months, TIM Participacoes SA, the local unit of Telecom Italia has [...]

America Movil announced Thursday it has entered into a stock purchase agreement with GE Satellite Holdings LLC and its affiliates, to acquire 20% of the shares representing the capital stock of StarOne S.A.
StarOne is a Brazilian company that provides satellite services in Brazil. Empresa Brasileira de Telecomunicações S.A. (Embratel), subsidiary of AMX, currently owns the [...]

Portugal Telecom has acquired a 25.3 per cent of Brazilian carrier Telemar Norte Leste SA or Oi. The transaction was for a consideration of 8.32 billion reais, about US$5 billion, and gives the Portuguese firm a bigger stake than it had originally planned to acquire. The purchase comes as the finalization of a long standing [...]

Telefonica, Spain’s largest telecoms operator, is mulling the investment of an estimated 24.3 billion reais, approximately US$14.7 billion, in Brazil between 2011 and 2014. The investment plans were revealed by Telefonica’s CEO Cesar Alierta, during a meeting with Brazilian President Dilma Rousseff.
In a statement Wednesday, Telefonica reiterated that the amount represents a 52 per cent [...]

Global Village Telecom (GVT) Holding SA is to expand its operations into Rio de Janeiro as it embarks on its 2011 investment strategy for which it has a war chest of $1.04 billion. GVT Holdings SA is a Brazilian telecommunications company controlled by Vivendi. The plans will see GVT Holdings invest 400 million Brazilian reals [...]

Portugal Telecom Wednesday signed a definitive sale and purchase, subscription and shareholders agreements with Oi and its controlling shareholders for the acquisition of a 22.38% minimum direct and indirect stake in Brazil’s largest landline telephone company. The deal follows previous arrangements between the two firms last year, for which Portugal Telecom announced its interest in [...]