34:
258:. 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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356:, 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
402:
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
375:
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
411:
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
305:
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.
285:
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
376:
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.
321:. It also started several entertainment services, including an online multiplayer gaming platform (Terra Games) and a digital music service (Terra Música Premium) similar to
345:
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
399:. 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.
274:'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:
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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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715:"Terra shuts down U.S., Spain and Latin America Spanish-language portals"
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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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633:"Quepasa.com Board Approves Plan to Liquidate Web Company"
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In
November 1999, still during the period known as the "
290:), Atrea (real estate, in partnership with Spanish bank
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509:"ATREA s.r.o. - Air-handling equipment, heat recovery"
254:
was a
Spanish Internet multinational company owned by
238:
216:
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Terra was founded in 1999 as Terra Networks, S.A. by
412:company in the music area by Fast Company in 2011.
1642:Telecommunications companies established in 1998
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1667:Multinational companies headquartered in Spain
527:"Spanish Net IPO price raised - Nov. 12, 1999"
444:"Invertia - El Diario Económico de EL ESPAÑOL"
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352:Part of the deal was also German media giant
665:"MERGER PLAN OF TELEFÓNICA, S.A. and TERRA"
600:"Phone Giant Buys Lycos for $ 12.5 Billion"
793:
779:
1520:Trial of Kenneth Lay and Jeffrey Skilling
575:"Bob Davis steps down as Terra Lycos CEO"
372:or being taken over by bigger companies.
368:lost cash up to the point of filing for
631:Roundup, A. WSJ com News (2000-12-28).
630:
597:
390:
1682:Internet technology companies of Spain
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551:"Lycos in $ 12.5B deal - May 16, 2000"
491:"Flights, Hotels, Breaks and Holidays"
1677:Spanish companies established in 1998
1662:Telecommunications companies of Spain
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1588:Enron: The Smartest Guys in the Room
692:"Terra.com: Most Innovative Company"
1652:Internet service providers of Spain
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1112:Digital Convergence Corporation
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337:In April 2000, Terra acquired
1:
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598:Hansell, Saul (2000-05-17).
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301:", Terra had a high-profile
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1459:WebChat Broadcasting System
313:and Spanish football clubs
27:Terra Networks Brasil, S.A.
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85:, Spain (January 25, 1999
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1222:Interactive Intelligence
16:Not to be confused with
403:Telefónica companies.
341:, a U.S. portal, in a
1556:The Industry Standard
1505:Irrational exuberance
1454:Vignette Corporation
1252:The Learning Company
737:at Wikimedia Commons
391:Telefonica take-over
139:David Giner García (
74:Terra Networks, S.A.
1549:Conspiracy of Fools
1542:Blood on the Street
1409:Tradex Technologies
1022:Akamai Technologies
971:Kaleil Isaza Tuzman
637:Wall Street Journal
381:Daum Communications
28:
1602:Valley of the Boom
1510:Sarbanes–Oxley Act
1377:Scout Electromedia
1152:Epidemic Marketing
604:The New York Times
26:
18:Terra (blockchain)
1629:
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1429:USinternetworking
1297:Network Solutions
1042:Blue Coat Systems
1027:Alteon WebSystems
1012:Actua Corporation
966:Scott D. Sullivan
951:Michael J. Saylor
866:Charlie Gasparino
733:Media related to
479:. April 23, 2021.
432:Terra Headquarter
249:
248:
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1619:
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1525:WorldCom scandal
1439:VA Linux Systems
1357:Redback Networks
1227:Internet America
1142:Egghead Software
1097:Cyberian Outpost
1057:Broadband Sports
1017:Airspan Networks
976:Julie Wainwright
956:Jeffrey Skilling
941:Stephan Paternot
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1182:Global Crossing
1117:Digital Insight
1082:Cobalt Networks
1052:Books-A-Million
1037:Arthur Andersen
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821:Marc Andreessen
816:Daniel Aegerter
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735:Terra (company)
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717:. July 4, 2017.
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268:Juan Villalonga
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1479:World Online
1394:theGlobe.com
1388:
1362:Register.com
1257:Liquid Audio
1087:Commerce One
926:PayPal Mafia
901:Gerry Kearby
896:Howard Jonas
891:Jeff Hawkins
881:Jack Grubman
746:Terra Mexico
741:Terra Brazil
699:. Retrieved
696:Fast Company
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108:Headquarters
53:Company type
1595:Startup.com
1449:VerticalNet
1399:Think Tools
1127:DoubleClick
1102:CyberRebate
1002:360networks
921:Mary Meeker
911:Kenneth Lay
886:Josh Harris
826:Bob Bernard
751:Terra Chile
477:www.bbva.es
354:Bertelsmann
315:Real Madrid
125:Area served
71:Predecessor
1657:Telefónica
1636:Categories
1342:Pseudo.com
1307:Palm, Inc.
1272:MarchFirst
1202:HomeGrocer
1192:Handspring
981:Jerry Yang
936:Jason Olim
861:David Filo
831:Jeff Bezos
701:2022-09-03
677:2022-09-03
672:Telefónica
650:2022-09-03
617:2022-09-03
584:2022-09-03
560:2022-09-03
536:2022-09-03
448:El Español
419:References
370:bankruptcy
343:stock swap
272:Telefónica
256:Telefónica
152:Web portal
135:Key people
43:Trade name
1414:Transmeta
1352:Razorfish
1347:Radvision
1282:Net2Phone
1262:LookSmart
1242:Kozmo.com
1212:InfoSpace
1197:Healtheon
1177:GeoCities
1162:Flooz.com
1077:CMGI Inc.
990:Companies
851:Bob Davis
645:0099-9660
612:0362-4331
407:Terra.com
362:Starmedia
347:Bob Davis
278:(Spain),
1621:Category
1581:e-Dreams
1474:WorldCom
1464:Websense
1317:Pets.com
1292:Netscape
1232:iVillage
1207:Infoseek
1187:govWorks
1007:AboveNet
946:Jim Rutt
766:Terra US
366:El Sitio
148:Services
66:Internet
63:Industry
1493:History
1337:Prodigy
1327:Pixelon
1287:NetBank
1217:Inktomi
1172:Gadzoox
1072:Chemdex
1047:Boo.com
385:Endemol
358:Quepasa
288:Amadeus
262:History
178:Website
98:Founder
87: (
79:Founded
1484:Yahoo!
1469:Webvan
1372:Savvis
1322:PFSweb
1312:PayPal
1157:Excite
1122:Divine
1032:Amazon
809:People
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327:iTunes
311:Disney
241:.terra
229:.terra
219:.terra
207:.terra
197:.terra
185:.terra
167:Parent
129:Brazil
113:Madrid
83:Madrid
1444:Verio
1434:UUNET
1389:Terra
1267:Lycos
1167:Freei
1147:Enron
1137:eGain
1107:Digex
1092:Covad
1067:CDNow
761:Terra
668:(PDF)
579:ZDNET
495:Rumbo
339:Lycos
252:Terra
118:Spain
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1419:uBid
1382:modo
1237:iWon
1132:eBay
997:3Com
641:ISSN
608:ISSN
317:and
292:BBVA
231:.com
209:.com
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187:.com
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325:'s
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280:ZAZ
276:Olé
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239:www
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