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Argentina may open up Arsat to private investors

Tuesday 26 April 2016 | 14:08 CET | News
Argentina's Secretary of Information and Communications Technology, Hector Huici told Pagina 12 that the government does not rule out opening up the satellite operator Arsat to private capital in order to enhance investments in the company. He recalled that the law envisages the possibility that Arsat incorporates up to 49 percent private capital. He acknowledged that the contribution provided for in the national budget for Arsat has been reduced due to the fiscal deficit, which led to a delay in the construction of the Arsat 3 satellite. He said that, with the resources available, priority

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Categories: Broadcast & Satellite
Companies: Arsat
Countries: Argentina
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