This service, christened Telenoticias, launched on December 1, 1994, becoming the second 24-hour news channel to serve Latin America that was headquartered in the region.

Telenoticias – which broadcast its programming in Spanish and Portuguese – was operated out of Telemundo's headquarters in the Miami suburb of Hialeah, Florida.

The network gained a major coup early on, when it reached an agreement with Sistema Brasileiro de Televisão to produce Jornal do SBT and share its content resources, but it faced difficulties getting cable carriage and with the satellite intended to carry its feed.

During the first quarter of 1998 alone, Telenoticias and fellow CBS Cable-owned channel Eye on People lost a combined $9 million in revenue.

Financial problems ultimately trickled into Telenoticias' operations, and by early August 1999, the network filed for Chapter 11 bankruptcy.