Werthein Group CEO Darío Werthein launches **Waiken ILW**, a new telecom holding targeting Latin America. The company commits **$450 million over five years**, including **$200 million in 2026** and **$250 million by 2031**, with heavy focus on Brazil. Waiken ILW plans a **data center in Jaguariuna (São Paulo)** and expands **triple-play services** in the region.
Grupo Werthein acquires Brazilian ISP Proxxima to expand its telecom operations in Latin America. The company also establishes **Waiken ILW**, a new holding to consolidate its TV, broadband, and technology divisions. These moves align with its strategy to strengthen its regional telecom footprint through acquisitions.
Telefonica sells its Argentina unit to Telecom Argentina for .25 billion, while Grupo Werthein is mentioned as a potential buyer. The diversified conglomerate has interests in media technology, entertainment, health, agriculture, food and beverages, property, and technology. In 2024, Grupo Werthein agreed to acquire 100% of Vrio from AT&T.
Grupo Werthein takes ownership of 100% of Vrio after completing customary acquisition closing procedures, effective November 15. Vrio provides digital entertainment services to more than 10 million subscribers in 11 countries across Latin America and the Caribbean. Its live and on-demand offerings are delivered through DIRECTV Latin America, SKY Brazil and DIRECTV GO.