• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Prosegur and Telefónica expect to double market growth in alarms

FinanceInternationalTradingView40 s readAI summary
Image: TradingView

Movistar Prosegur Alarmas (MPA), the joint venture started in 2020 by Prosegur and Telefónica, reached about 630,000 connections at the end of June and has tripled its customer base since its creation. Its CEO, Diego Torrico, expects to grow twice as fast as the market over the next five years, which he estimates is expanding between 5% and 6% annually. The company is the second in the Spanish sector, behind Verisure, which has more than 2.2 million customers.

In 40 seconds

  • MPA has about 630,000 connections at the end of June and has tripled customers since 2020
  • The goal is to grow twice as fast as a market expanding 5% to 6% annually over the next five years
  • Verisure leads the Spanish market with more than 2.2 million customers
Read the full story at TradingView

IASummary generated by artificial intelligence from a story by TradingView. It may contain errors: the original source prevails.

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