0
General

Argentina approves Telecom Argentina, Nextel sales - report

Friday 4 March 2016 | 08:38 CET | News
Argentina's new telecoms regulator Enacom has approved Telecom Italia's sale of its controlling stake in Telecom Argentina to investment firm Fintech and NII Holdings' sale of the remaining 51 percent stake in Nextel Argentina to Cablevision, reports local daily La Nacion, citing a source at the regulator. "Yes, the Enacom board has approved the sale of Telecom and Nextel," said the source, adding that "we carried out a technical assessment and the transactions are impeccable." He said the acquisitions still required the approval of the country's anti-trust regulator.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Cablevision / Clarin / Nextel Argentina / Telecom Argentina / Telecom Italia
Countries: Argentina
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Clarin posts revenues up 32% in Q1, Nextel subs down 24%

Published 15 May 2017 15:15 CET | Argentina
Argentinian media giant Clarin reported revenues up 32.2 percent year on year to ARS 11.9 billion in the first quarter of 2017, ...

Fintech set to control 100% of Telecom Argentina

Published 21 Mar 2017 09:38 CET | Argentina
The Fintech investment firm of Mexican financier David Martinez is set to control 100 percent of Telecom Argentina following a ...

Enacom approves Nextel Argentina acquisitions

Published 06 Jan 2017 09:37 CET | Argentina
Argentina's telecom regulator has approved Nextel's acquisition of five local wireless operators, whose spectrum holdings will ...

Argentina pushing Telefonica, Clarin to settle differences

Published 30 Nov 2016 14:42 CET | Argentina
Argentina's government is urging rivals Telefonica and Clarin to hold direct talks to settle their grievances over market rules, ...

Govt approves sale of Telecom Argentina to Fintech

Published 28 Nov 2016 08:34 CET | Argentina
The Argentinian ministry of trade has finally approved Telecom Italia's sale of its controlling stake in Telecom Argentina to ...

Telecom Argentina 9-mth revenues up 36% on mobile adds

Published 10 Nov 2016 10:22 CET | Argentina
Telecom Argentina reported a net profit of ARS 2.50 billion in the year to September, down 10.2 percent year on year, due above ...

Clarin to spin off Cablevision into standalone, listed unit

Published 17 Aug 2016 17:14 CET | Argentina
Argentina's largest media group Grupo Clarin said it plans to spin off its majority-owned cable TV and internet access business ...

Argentina's Cablevision to debut Flow IPTV service this year

Published 07 Jul 2016 11:10 CET | Argentina
Argentinian pay-TV provider Cablevision, a subsidiary of media conglomerate Clarin, is set to launch a 'TV everywhere' IPTV ...

Nextel Argentina buys 5 wireless operators for USD 140 mln

Published 24 Jun 2016 13:51 CET | Argentina
Nextel Argentina has invested USD 140 million to acquire five local wireless operators and increase its existing spectrum ...

Argentina assigns telephone number 140 to road emergencies

Published 13 Jun 2016 14:55 CET | Argentina
Argentina's communications regulator Enacom announced that a law has been passed to assign the telephone number 140 to all road ...

Nextel sheds 273,000 customers in Q1, posts USD 37 mln loss

Published 10 May 2016 14:08 CET | Latin America
NII Holdings, which operates under the Nextel brand in Latin America, reported net subscriber losses of 273,000 for the first ...

Argentina to raise National Prepay Plan rates by 4%

Published 06 Apr 2016 10:13 CET | Argentina
Argentina's new telecommunications regulator Enacom and the trade ministry have reached an agreement with the country's mobile ...

Fintech to launch bid for rest of Telecom Argentina shares

Published 29 Mar 2016 10:23 CET | Argentina
The Fintech investment firm of Mexican financier David Martinez will launch a public bid to acquire 45 percent of the listed ...

No plans to merge Telecom Argentina and Cablevision

Published 15 Mar 2016 13:14 CET | Argentina
Mexican financier David Martinez Guzman, now shareholder of Telecom Argentina and Cablevision, has said that there are no ...

Argentina to draft new communications law

Published 11 Mar 2016 11:50 CET | Argentina
Argentina's government has set up a special commission to draft a new communications law to replace the Broadcast Media and ...

Telecom Italia closes sale of Telecom Argentina to Fintech

Published 09 Mar 2016 09:13 CET | Argentina
Telecom Italia has announced that its remaining 51 percent stake in Telecom Argentina has been sold to US-backed investment firm ...

'Managers always respond with their performance' - Patuano

Published 07 Mar 2016 09:19 CET | Italy
Telecom Italia CEO Marco Patuano has insisted that top shareholder Vivendi has never sought the sale of the operator's Brazilian ...

Argentine congress approves creation of new regulator

Published 29 Feb 2016 14:50 CET | Argentina
The special bicameral committee of the Argentine congress has approved the creation of the new National Communications Regulatory ...

Bidder preparing USD 1.1 bln bid for Telecom Argentina stake

Published 29 Feb 2016 08:37 CET | Argentina
Argentine businessman Carlos Newbery is preparing to make a bid for Telecom Italia's stake in Telecom Argentina, reports ...

Fintech submits bid for Telecom Argentina shares

Published 24 Feb 2016 08:38 CET | Argentina
US-backed investment fund Fintech has confirmed in a statement that it has submitted a bid for the Class B shares of Telecom ...

TI looking to close Telecom Argentina sale this year - CEO

Published 18 Feb 2016 15:43 CET | Argentina
Telecom Italia is working on completing the sale of its stake in Telecom Argentina this year, reports Reuters, citing the Italian ...

Giudici joins board of Argentina's telecoms regulator

Published 03 Feb 2016 11:14 CET | Argentina
Argentina's government has announced the appointment of Silvana Myriam Giudici as a director of the country's new ...

Clarin enters Argentina mobile market with Nextel buy

Published 28 Jan 2016 16:48 CET | Argentina
NII Holdings has confirmed the sale of the remaining 51 percent stake in Nextel Argentina to Cablevision, a subsidiary of media ...

Argentina appeals new suspension of AFSCA-AFTIC merger

Published 14 Jan 2016 09:17 CET | Argentina
The Argentine government has lodged appeals against two new preliminary injunctions issued by Buenos Aires judges against plans ...

Miguel de Godoy named head of Argentina's telecoms regulator

Published 08 Jan 2016 11:25 CET | Argentina
Argentina's new government has announced the appointment of Miguel de Godoy as president of the new telecommunications regulator ...

Court suspends attempt to merge telecom, media regulators

Published 31 Dec 2015 11:05 CET | Argentina
An administrative judge in Argentina has suspended the government's plans to merge the communications and telecoms regulators, ...

Argentina's new communications ministry targets media law

Published 14 Dec 2015 14:21 CET | Argentina
Oscar Aguad, head of Argentina's newly-created communications ministry, has announced that the government wants to scrap the ...

Court finds in favour of Clarin in Nextel Argentina case

Published 24 Nov 2015 14:38 CET | Argentina
An Argentine federal court has accepted an injunction brought by media conglomerate Clarin against the decision by ...

Fintech to appeal Telecom Argentina decision - report

Published 16 Nov 2015 10:56 CET | Argentina
US-backed investment fund Fintech is set to lodge an appeal against the decision by Argentina's federal telecommunications ...

AFTIC rejects sale of Telecom Argentina to Fintech

Published 16 Oct 2015 08:48 CET | Argentina
The board of Argentina's federal telecommunications regulator AFTIC has unanimously rejected the sale of a controlling stake in ...

Argentina regulator blocks Clarin's acquisition of Nextel

Published 30 Sep 2015 10:47 CET | Argentina
Argentina's federal telecommunications regulator AFTIC has declared that media conglomerate Clarin's proposed acquisition of a 49 ...

Clarin buys 49% stake in Nextel Argentina for USD 178 mln

Published 15 Sep 2015 08:54 CET | Argentina
Argentinian media conglomerate Clarin has reached a deal with NII Holdings to acquire a 49 percent stake in Nextel Argentina, ...





Calendar   /   Industry Events

30 Nov Zoom Video Communications Q3 2020
30 Nov NexTV Series MENA
01 Dec Hewlett Packard Enterprise fiscal Q4
01 Dec 5G Italy
01 Dec NGON & DCI World
02 Dec FTTH Conference
02 Dec Microsoft AGM
02 Dec Telia EGM
03 Dec Marvell Technology fiscal Q3
03 Dec GCX fiscal Q2
03 Dec Liberty Latin America AGM
06 Dec Gitex Technology Week
::: More Calendar Items