Telefónica sells mobile masts in Europe, Latin America for 7.7 billion euros

Spain’s Telefónica said Wednesday it will sell its telephone masts in Europe and Latin America to US-based telecom infrastructure firm American Towers Corp for 7.7 billion euros (US$ 9.4 billion) in cash. The sale of the nearly 31,000 mobile phone masts which its Telxius unit owns in Spain, Germany, Brazil, Peru, Chile and Argentina will generate … Read more

What we learned this week: December 5 to 12

THE WEEK IN CORONAVIRUS The lives lost to Covid-19 crossed the 40,000 threshold on Tuesday, climbing from 39,512 to 40,431 between the end of last week and yesterday while the confirmed cases of contagion rose from 1,454,631 to 1,482,216 in the same period. Coronavirus debate tended to focus on the upcoming summer holidays ahead of … Read more

Uruguay sees ‘first wave’ threatening long-protected Covid gains

Nine months after recording its first coronavirus case, Uruguay is seeing an outbreak in what President Luis Lacalle Pou has called the “first wave,” threatening to undo the hard-fought gains throughout the pandemic. The government is taking a heavier-handed approach to beat back infections including tighter border restrictions and a bill sent to Congress seeking … Read more