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269:. It was headquartered in Spain and had offices in Brazil, Chile, Colombia, Mexico, the United States and Peru. Part of the Telefónica Group (the former Spanish public telephone monopoly), Terra operated as a web portal or Internet access provider in the United States, Spain and 16 Latin American countries. It was founded in 1999 as Terra Networks, S.A., a publicly traded company with Telefónica as its main shareholder. All outstanding shares were purchased by Telefónica in 2017, making Terra a wholly owned subsidiary.
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367:, owner of a stake in Lycos Europe. In exchange for keeping the control over Lycos Europe, Bertelsmann agreed to spend US$ 1 billion worth in advertising at Terra Lycos through a five-year period. That spending was crucial for Terra to survive the times of the Internet crash, when several Latin American-based Internet companies like
413:
Terra
Networks S.A. was then merged into Telefónica, S.A. and, therefore, disappeared from a legal point of view. A small portion of the former corporate headquarters became "Terra Networks Asociadas, S.L.U." (a new company) and local Terra operations (and assets) were transferred to local fixed-line
386:
In 2003 Bertelsmann executed an option to get itself out of the agreement, transferring to Terra's parent company Telefónica the obligation to keep the ad spending. Soon after that, Telefónica decided to get more control over Terra and launched an offer for shares of Terra still floating on the stock
422:
In the early 2000s, Terra was the largest Latin
American online media company, ranked as the 31st most popular Internet destination in the world. The website primarily provided entertainment, news and sports to approximately 100 million monthly visitors, Terra was named as one of the most innovative
316:
both in the U.S. and Spain, and its shares skyrocketed. After that, the price fell sharply until it reached 2.75 euros in
October 2004. This process sparked a lot of public controversy in Spain, where thousands of small investors acquired shares of Terra during the boom.
296:
Terra has created several digital portals, like
Invertia, a successful finance portal, and Educaterra (e-learning). It also has had or has stakes in other Internet ventures: Uno-e (online banking), Rumbo (travel, in partnership with
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market. Although it granted Telefónica control over more than 70% of Terra's stock, the move was not successful enough to let Telefónica take Terra out of the public, as was allegedly its objective.
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332:. It also started several entertainment services, including an online multiplayer gaming platform (Terra Games) and a digital music service (Terra Música Premium) similar to
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valued at US$ 12.5 billion. By that time, Lycos was the third most visited portal in the U.S., and had a strong presence in key
European and Asian markets. Lycos CEO
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In
February 2005, Telefónica announced its intention of taking full control of Terra by giving Telefónica shares in exchange for Terra's remaining shares in the
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410:. After this plan was approved by both Telefónica and Terra shareholders meetings, Terra's shares were finally excluded from the market on July 15, 2005.
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285:'s president between 1996 and 2000, and grew in size through the acquisitions of several local startups in Spain and the main Latin American markets:
803:
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was moved to the position of CEO of the combined company, from where he stepped down in
January 2001, being replaced by then Chairman Joaquim Agut.
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During 2003 and 2004 Terra expanded aggressively into the paid content business, mainly in Spain, Brazil, and Chile, launching ventures with
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In
October 2004, following Telefónica's decision to re-focus their businesses, Terra sold Lycos to South Korean Internet portal company
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for US$ 105 million. Kim Faura was Terra's last chairman. Joaquim Agut was the previous one, and now he is chairman of
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726:"Terra shuts down U.S., Spain and Latin America Spanish-language portals"
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293:(Brazil), Mexico, Gauchonet, Donde (Argentina) and Chevere (Venezuela).
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It has offices in cities such as São Paulo and Porto Alegre, Brazil.
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Web portal and internet company, subsidiary of Telefônica Brasil
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In
November 1999, still during the period known as the "
301:), Atrea (real estate, in partnership with Spanish bank
205:
520:"ATREA s.r.o. - Air-handling equipment, heat recovery"
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was a
Spanish Internet multinational company owned by
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Terra was founded in 1999 as Terra Networks, S.A. by
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423:company in the music area by Fast Company in 2011.
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1653:Telecommunications companies established in 1998
1678:Multinational companies headquartered in Spain
538:"Spanish Net IPO price raised - Nov. 12, 1999"
455:"Invertia - El Diario Económico de EL ESPAÑOL"
797:
363:Part of the deal was also German media giant
8:
37:
676:"MERGER PLAN OF TELEFÓNICA, S.A. and TERRA"
611:"Phone Giant Buys Lycos for $ 12.5 Billion"
804:
790:
782:
36:
1531:Trial of Kenneth Lay and Jeffrey Skilling
586:"Bob Davis steps down as Terra Lycos CEO"
383:or being taken over by bigger companies.
379:lost cash up to the point of filing for
642:Roundup, A. WSJ com News (2000-12-28).
435:
1693:Internet technology companies of Spain
562:"Lycos in $ 12.5B deal - May 16, 2000"
502:"Flights, Hotels, Breaks and Holidays"
1688:Spanish companies established in 1998
1673:Telecommunications companies of Spain
7:
1599:Enron: The Smartest Guys in the Room
703:"Terra.com: Most Innovative Company"
1663:Internet service providers of Spain
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1123:Digital Convergence Corporation
348:In April 2000, Terra acquired
1:
609:Hansell, Saul (2000-05-17).
312:", Terra had a high-profile
1470:WebChat Broadcasting System
324:and Spanish football clubs
38:Terra Networks Brasil, S.A.
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26:
1658:Companies based in Madrid
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1313:NorthPoint Communications
167:Internet service provider
96:, Spain (January 25, 1999
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1233:Interactive Intelligence
27:Not to be confused with
414:Telefónica companies.
352:, a U.S. portal, in a
1567:The Industry Standard
1516:Irrational exuberance
1465:Vignette Corporation
1263:The Learning Company
748:at Wikimedia Commons
402:Telefonica take-over
150:David Giner García (
85:Terra Networks, S.A.
1560:Conspiracy of Fools
1553:Blood on the Street
1420:Tradex Technologies
1033:Akamai Technologies
982:Kaleil Isaza Tuzman
648:Wall Street Journal
392:Daum Communications
39:
1613:Valley of the Boom
1521:Sarbanes–Oxley Act
1388:Scout Electromedia
1163:Epidemic Marketing
615:The New York Times
29:Terra (blockchain)
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1440:USinternetworking
1308:Network Solutions
1053:Blue Coat Systems
1038:Alteon WebSystems
1023:Actua Corporation
977:Scott D. Sullivan
962:Michael J. Saylor
877:Charlie Gasparino
744:Media related to
490:. April 23, 2021.
443:Terra Headquarter
260:
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16:(Redirected from
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1536:WorldCom scandal
1450:VA Linux Systems
1368:Redback Networks
1238:Internet America
1153:Egghead Software
1108:Cyberian Outpost
1068:Broadband Sports
1028:Airspan Networks
987:Julie Wainwright
967:Jeffrey Skilling
952:Stephan Paternot
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1093:Cobalt Networks
1063:Books-A-Million
1048:Arthur Andersen
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832:Marc Andreessen
827:Daniel Aegerter
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728:. July 4, 2017.
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1545:Publications
1490:World Online
1405:theGlobe.com
1399:
1373:Register.com
1268:Liquid Audio
1098:Commerce One
937:PayPal Mafia
912:Gerry Kearby
907:Howard Jonas
902:Jeff Hawkins
892:Jack Grubman
757:Terra Mexico
752:Terra Brazil
710:. Retrieved
707:Fast Company
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330:FC Barcelona
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119:Headquarters
64:Company type
1606:Startup.com
1460:VerticalNet
1410:Think Tools
1138:DoubleClick
1113:CyberRebate
1013:360networks
932:Mary Meeker
922:Kenneth Lay
897:Josh Harris
837:Bob Bernard
762:Terra Chile
488:www.bbva.es
365:Bertelsmann
326:Real Madrid
136:Area served
82:Predecessor
1668:Telefónica
1647:Categories
1353:Pseudo.com
1318:Palm, Inc.
1283:MarchFirst
1213:HomeGrocer
1203:Handspring
992:Jerry Yang
947:Jason Olim
872:David Filo
842:Jeff Bezos
712:2022-09-03
688:2022-09-03
683:Telefónica
661:2022-09-03
628:2022-09-03
595:2022-09-03
571:2022-09-03
547:2022-09-03
459:El Español
430:References
381:bankruptcy
354:stock swap
283:Telefónica
267:Telefónica
163:Web portal
146:Key people
54:Trade name
1425:Transmeta
1363:Razorfish
1358:Radvision
1293:Net2Phone
1273:LookSmart
1253:Kozmo.com
1223:InfoSpace
1208:Healtheon
1188:GeoCities
1173:Flooz.com
1088:CMGI Inc.
1001:Companies
862:Bob Davis
656:0099-9660
623:0362-4331
418:Terra.com
373:Starmedia
358:Bob Davis
289:(Spain),
1632:Category
1592:e-Dreams
1485:WorldCom
1475:Websense
1328:Pets.com
1303:Netscape
1243:iVillage
1218:Infoseek
1198:govWorks
1018:AboveNet
957:Jim Rutt
777:Terra US
377:El Sitio
159:Services
77:Internet
74:Industry
1504:History
1348:Prodigy
1338:Pixelon
1298:NetBank
1228:Inktomi
1183:Gadzoox
1083:Chemdex
1058:Boo.com
396:Endemol
369:Quepasa
299:Amadeus
273:History
189:Website
109:Founder
98: (
90:Founded
1495:Yahoo!
1480:Webvan
1383:Savvis
1333:PFSweb
1323:PayPal
1168:Excite
1133:Divine
1043:Amazon
820:People
654:
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338:iTunes
322:Disney
252:.terra
240:.terra
230:.terra
218:.terra
208:.terra
196:.terra
178:Parent
140:Brazil
124:Madrid
94:Madrid
1455:Verio
1445:UUNET
1400:Terra
1278:Lycos
1178:Freei
1158:Enron
1148:eGain
1118:Digex
1103:Covad
1078:CDNow
772:Terra
679:(PDF)
590:ZDNET
506:Rumbo
350:Lycos
263:Terra
129:Spain
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1430:uBid
1393:modo
1248:iWon
1143:eBay
1008:3Com
652:ISSN
619:ISSN
328:and
303:BBVA
242:.com
220:.com
210:.com
198:.com
375:or
336:'s
314:IPO
291:ZAZ
287:Olé
254:.us
250:www
244:.co
238:www
232:.cl
228:www
222:.mx
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