Telefonica

Mobile instant messaging vendor Colibria has been selected by Telefonica to launch mobile IM services across its Latin American operator businesses, covering over 124 million subscribers in 13 territories.

Telefonica is to sell its 32.18 percent stake in Moroccan GSM operator Medi Telecom (Meditel), reports Telegeography.

Telecom Italia is to invest EUR3 billion (US$4.2 billion) in its Brazilian unit over the next three years to expand much of its mobile broadband network in the country, the firm's chairman told a local newspaper yesterday

Telefonica today confirmed speculation it has signed an exclusive agreement with Palm to offer the high-profile Pre device initially in Spain via Movistar, and in the UK, Ireland and Germany via its O2 mobile subsidiaries.

Sweden's Ericsson has won another managed services contract, this time with Telefonica's O2 UK, the country's largest mobile operator.

Telefonica's chairman, Cesar Alierta, has been cleared on a technicality of insider trading allegations dating from before he joined the company, reports Cellular News.

Telefonica and vendor Huawei have announced deployment of a new Service Delivery Platform (SDP) that will serve all countries in Telefonica' s Latin American region.