From August 14, users of the Greater Metropolitan Area who consume television content openly and free of charge will have to modify their equipment to access the digital signal.
With the upcoming change in the country, televisions that are not yet ready to receive the digital signal must purchase a converter compatible with the Japanese Brazilian standard ISDB-Tb.
The number of active cell phones in the country reached 5.43 million between 2018, 3% more than what was reported in 2017, increase explained by the behavior of the number of mobile phones with type of service per contract.
Reports of the General Comptroller of the Republic detail that between 2017 and 2018 the number of active cell phones in the country went from 5,280,195 to 5,432,789, which is equivalent to a 3% variation.
If you’re an accountant, you are in one of the professions that will always stand the test of time. Accounting is one of the oldest professions dating back to thousands of years, and it is going to be relevant until money exists on the planet. Only, the approach and function of accounting have changed with time.
As accounting firms offer specialized nature of services, it becomes all more important to stay updated to the dynamics of the industry, and market at large. It won’t be long when accounting professionals and CPAs would find themselves amidst the unparalleled, fast-tracked, and dynamic change. A recent study has found that 85% accountants still have a lot of catching up to do with demands of the ever-evolving industry.
In El Salvador, the Superintendence of Competition reported that "it has declared inadmissible the request for economic concentration presented by América Móvil S.A.B. de C.V., on March 5 of this year."
"When a new application for authorization is submitted, the SC will continue this process on the basis of a technical, legal and economic analysis, under the principle of independence that the LC mandates and distinguishes its actions, with the sole objective of protecting and ensuring competition in the country," reported the Superintendence of Competition (SC).
After Telefónica was acquired by Millicom, the company plans to invest $1.25 billion in the next five years to expand the network and its services to companies in the country.
On May 16, Millicom reported that it closed the acquisition of Telefonía Celular de Nicaragua, S.A., the number one mobile operator in the country, in addition to TIGO Nicaragua's existing cable operation.
The company reported that it has transferred the entire share capital of Telefónica Celular de Nicaragua, S.A. to Millicom International Cellular, S.A., for a price of $437 million.
On May 16, Telefónica S.A. reported that "Following the communication published on February 20, 2019 (with entry registration number 274959), Telefónica announces that once the relevant regulatory approvals have been obtained, Telefónica Centroamérica Inversiones, S.L.., a company owned, directly and indirectly, 60% by Telefónica and 40% by Corporación Multi Inversiones, has today transferred the entire share capital of Telefónica Celular de Nicaragua, S.A. to Millicom International Cellular, S.A. for a price of 437 million dollars, approximately 390 million euros at the current exchange rate". Consult Telefónica's full press release.
The Tala loan app provides an alternative way to get short-term loans, that doesn’t involve complex procedures that are in use by banks and other lending institutions.
In these tough economic times where banks have increased interest rates that make it harder to get unsecured loans, a simpler way to get a loan is heaven-sent. The Tala loan app provides an alternative way to get short-term loans, that doesn’t involve complex procedures that are in use by banks and other lending institutions. Here, you don’t need a guarantor, security, or a good credit rating. Besides, the loan is instant, unlike other institutions where you would have to wait a minimum of 30 days. If you need a loan from Tala, you have to download the app first. This Tala loan app download guide will help you to install the app on your device.
In El Salvador, the Ministry of Economy drafted a bill to regulate the commercialization and importation of devices not compatible with digital television, but the Superintendence of Competition failed to endorse it.
At the end of 2018, the country began its transition to digital television, since the state-owned TV channel Canal 10 began broadcasting the open digital signal, and it was reported that in the next three years it will have to be implemented by private TV stations.
Although Samsung and Apple mobile phones represent more than half of the devices used in the region's markets, there is an upward trend in the preference for devices from the Chinese brand Huawei.
An analysis of the Trade Intelligence Area at CentralAmericaData provides interesting data on the use and preference of cell phone brands in the region.
The request for authorization of economic concentration was presented, "consisting of the acquisition by América Móvil of control of the majority of Telefónica's capital stock in El Salvador."
At the end of January of this year it was reported that América Móvil bought 99.3% of Telefónica El Salvador, a transaction that reached close to $311 million.
After the number of users in operation in Guatemala grew 9% between 2016 and 2017, during the period between 2017 and 2018, the increase was only 2%.
According to the statistical bulletin of the Second Semester - 2018, prepared by the Telephony Regulation Management of the Superintendence of Telecommunications (SIT), between 2017 and 2018 the number of users in the country increased by 481,038, going from 19.9 million to 20.4 million.
Five years after buying it, the Costa Rican state-owned electric company Racsa decided to close Fullmovil, a virtual operator dedicated to the commercialization of prepaid telephony services.
In February 2014, the Superintendence of Telecommunications announced that Radiográfica Costarricense - already in serious financial difficulties - acquired Fullmóvil, a virtual operator involved in the sale of paid telephony services.
The mergers and acquisitions being reported in Central America are largely because not all companies in the region are willing to make the heavy investments that the transition to 5G technology will require.
The most recent register of the sale of assets of one of the Central American competitors is the case of Telefónica, which on January 24 reported that for $648 million it sold to América Móvil all the shares of Telefónica Guatemala and 99.3% of Telefónica El Salvador.
The company reported that it signed an agreement with Millicom S.A. for the sale of all shares of Telefonica Costa Rica, Nicaragua and Panama, closing the transaction at $1.65 billion.
After the company reported in late January 2019 that for $648 million it had agreed to sell to America Móvil all the shares of Telefonica Guatemala and 99.3% of Telefonica El Salvador, it now announced that it had completed the sale process of the entire operation in Central America.
O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...
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