Terra What happened to this Spanish-speaking Internet giant?

Terra was part of one of the most important stages of the Internet. He managed to be the undisputed leader for a few years, even more than many of those who hold that position today.

It was an integrated news portal where you could find information related to finances, free life, entertainment and many other topics. It had its decline due to financial and driving issues that caused mistakes to be made without being able to adapt to the needs of that moment.

In the following paragraphs you will find a little history of this Spanish-speaking Internet giant that was created in our country. As well as we will also show you which are the best alternative portals to Terra that you can visit today.

What is Terra and what could we do in this Internet portal?

Terra was a website that It offered visitors access to services related to different themes. You could include links, forums, search engines, related images to download and any other useful information.

Among the most common topics that could be found were movies, sports, games, mobile phones, technology, email and music. This Internet portal belonged to the Telefónica de España group and was founded in 1999. Creating several related websites that dealt with financial issues, travel sales and even Internet television.

Origins of Terra How was the first Spanish-speaking digital giant born?

To talk about the origin of Terra it is necessary to go back to the year 1992 in Barcelona. At that time Pep Vallés created together with José Gaspa Rovira, Ole. Which became one of the first portals in our country.

This platform was widely accepted by the public., since it showed different news from the then leader, Yahoo in the United States. But it had a drawback, since its owners found contradictions between the Catalan people and the name since they considered it to be too Spanish.

In this way, the foundation for which Valles and Gaspa Rovira worked sold, for an insignificant amount of pesetas, all the rights to their creators. It was then that Olé began to copy the good practices of Yahoo and AOLanother important portal of the American people.

This generated even greater acceptance, which is why it began to attract the attention of different sectors of our country. At that time, Telefónica was working on a project to extend its own portal, but due to strategic decisions he decided to set aside “Telefónica.doc” and buy Olé from its current owners.

The operation was carried out for a sum of 3 billion pesetas, plus a part of the share package of Terra, this would be the name of the new project. Thus, Terra was born in 1998, its main owner being Telefónica.

Rise and growth of Terra What were the best years of this portal?

Within the incorporation of Olé, it was decided to set aside this project and absorb everything related to the purchased portal, leaving, after many efforts and negotiations, Olé as the seeker of Terra.

But this did not go well, since the people who worked on the main Telefónica project, headed by Antonio Sáez, began to have problems with Terra’s decisions, so took their project to Jazztel, which was called “Ya.com”.

At this stage Terra found the glow of his conquest in the world of the Internet. Olé was not the only company bought by Terra, since there were other Latin American companies that allowed it to have control of all the countries of South America. Thus, Telefónica’s portal became the absolute leader for the entire Spanish-speaking market, thus becoming the first platform in our country to have resounding success.

The Latino communities that existed in the United States had great influence on the decisions made by Telefónica, so also decided to buy Lycos. Being a risky step by the then president Juan Villalonga, since its price was more than 12 billion dollars (years later, that portal was sold for a price less than 1% of its purchase value).

This caused the Telefónica portal, in a few months of life, to enter the stock market. It was decided to have a very strong debt strategy. The first times were good, since the shares traded at very good prices, but the structure that was maintained for this level of loans was not sufficient.

Crash and fall of Terra Why did it end and what is it today?

In a very short time, the crisis that existed in the United States over technological values ​​was important. This produced the collapse of Terra in the Stock Market. In addition, he generated a hubbub everywhere.

One of the most significant losses of this portal was in September 2001, after the terrorist attack on the Twin Towers. This crisis was called in the stock market “Technology Bubble” either “Dot com”. After 2 quite hard years, Telefónica used one of its last weapons, which was present an offer of 100% of its capital in the hands of the stock market. Already in 2005, she ceased trading on the stock exchange.

A few years later, after various actions to regain leadership, Terra stopped working. Leaving aside one of the most important technological giants that existed in the history of the Internet, and that due to some internal problems decided to close all its portals, except those in Latin America, its main market being Brazil until today.

If you visit the Terra.com page you will find that it is redirected to its portal of the South American country.

List of the best alternative portals to Terra that you can visit online today

The alternative portals to Terra that currently exist are:

msn.com

You can find all the news related to our country and the world. You will have information about celebrities, sports, lifestyles and much other information. In addition, you will be able to directly access Facebook, Twitter, Skype and other platforms.

You can also find weather information and access different sections. Where you can edit them so that they appear higher or lower than those found, or directly delete them.

yahoo.com

It is a portal that presents an interface that is a little more organized than the previous one.. It has different themes that are located at the top of the portal.

It is characterized by having access to Yahoo! and have the most searched sections. In addition, you will never reach the end of the site, since posts related to different topics will always be loaded. In this way you will not miss any information that interests you.

RTVE.es

The portal of the public radio and television service of our country It is not only intended for audiovisual content, but it is also a portal where you will find information from Spain and from around the world about technology, economy, culture, and many other topics.

It is popularly known and is characterized by the diversity of topics of which the vast majority have high-quality videos.

News.Google.com

It is a portal based on the famous Internet search engine. On this platform you can find all the daily information about celebrities lifestyle fashion news and also data related to cooking, travel and beauty.

In addition, you will have the possibility to access your Gmail in a simple way. To access this portal, you must register with your Google account.

AOL.com

Although this portal is in Englishis one of the great platforms worldwide where you will find news, finances, lifestyle, games and even the AOL email. Registration is free and you can use Google translate to access our language.