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General

Argentina pushing Telefonica, Clarin to settle differences

Wednesday 30 November 2016 | 14:42 CET | News
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Argentina's government is urging rivals Telefonica and Clarin to hold direct talks to settle their grievances over market rules, according to unnamed sources cited by Bloomberg. The move comes after Telefonica has publicly complained about the alleged favouritism of the new Macri administration towards Clarin, the country's largest media group and majority owner of cable TV company Cablevision. Macri's 'pro-business' government finally allowed Clarin to acquire mobile operator Nextel Argentina in March, with the company looking convert Cablevision into a multi-play operator. However,

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Categories: General
Companies: Cablevision / Clarin / Nextel Argentina / Telefonica
Countries: Argentina
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