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Argentina's Enacom approves Viacom's acquisition of Telefe

Tuesday 4 April 2017 | 11:11 CET | News
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Argentina's telecom regulator Enacom has finally approved Viacom's acquisition of free-to-air channel Telefe (Television Federal) from Telefonica for USD 340 million. Telefe remains the country's most-watched channel with an audience share of around 33 percent in 2016, slightly ahead of Clarin's Canal 13. The US media giant is said to have outbid Time Warner and the Cisneros Group to acquire the only free-to-air broadcaster that Telefonica still owned.

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Categories: Broadcast & Satellite
Companies: Enacom / Telefonica / Viacom
Countries: Argentina
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