0
General

Telecom Argentina-Cablevision 9-mth revenues up 29% to ARS 99.5 bln

Thursday 8 November 2018 | 09:20 CET | News
Telecom Argentina and cable TV provider Cablevision reported consolidated revenues of ARS 99.5 billion in the 9 months to end September, up 29.3 percent year on year following their recently-approved merger. Communications regulator Enacom approved the merger of the two operators earlier this year, creating the country's largest company and allowing it to move into the quad-play market. In a statement, Telecom Argentina-Cablevision said mobile, internet and cable TV service revenues rose by 18.3 percent, 32.6 percent and 42.6 percent respectively. However, the company posted a net loss of ARS

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 / Personal / Personal Paraguay / Telecom Argentina
Countries: Argentina / Paraguay
::: 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

Telecom Argentina 9M revenues down 10%, hits 19 mln mobile customers

Published 08 Nov 2019 11:13 CET | Argentina
Telecom Argentina reported consolidated revenues down 10.2 percent year-on-year to ARS 159.7 billion after adjusting for ...

Telecom Argentina-Cablevision Q1 revenues down 9% to ARS 44 bln

Published 10 May 2019 11:26 CET | Argentina
Telecom Argentina and cable TV provider Cablevision reported consolidated first-quarter revenues of ARS 44.3 billion, down 9.0 ...

Telecom Argentina invests ARS 160 mln in new payment system

Published 21 Mar 2019 12:11 CET | Argentina
Telecom Argentina has spent around ARS 160 million to integrate its financial management and payment system with that of cable TV ...

Telecom Argentina-Cablevision FY revenues down 2.5% to ARS 168 bln

Published 08 Mar 2019 11:49 CET | Argentina
Telecom Argentina and cable TV provider Cablevision reported consolidated full-year 2018 revenues of ARS 168.0 billion, down 2.5 ...

Telecom Argentina secures USD 450 mln loan for broadband rollout

Published 07 Mar 2019 15:26 CET | Argentina
Telecom Argentina has secured a loan for up to USD 450 million from World Bank Group member IFC (International Finance ...

Telecom Argentina invests ARS 200 mln in Buenos Aires district upgrade

Published 20 Feb 2019 14:17 CET | Argentina
Telecom Argentina has reached a deal with greater Buenos Aires district Almirante Brown to invest around ARS 200 million in 2019 ...

Telecom Argentina to invest ARS 85 mln in San Antonio de Areco upgrade

Published 06 Feb 2019 11:44 CET | Argentina
Telecom Argentina has announced an agreement with Buenos Aires province San Antonio de Areco to invest around ARS 85 million in ...

Personal and Cablevision clients offered data-free access to Boca-River game

Published 12 Nov 2018 11:30 CET | Argentina
Customers of Personal Argentina, the mobile unit of Telecom Argentina, and cable TV provider Cablevision were offered data-free ...

Telecom Argentina secures USD 200 mln international loan

Published 12 Nov 2018 10:47 CET | Argentina
Telecom Argentina said it finalised an an international loan from Deutsche Bank amounting to USD 200 million, rising to a ...

Telefonica to challenge Telecom Argentina-Cablevision merger

Published 25 Jul 2018 10:15 CET | Argentina
Spanish telecommunications giant Telefonica has lodged an appeal with Argentina's commerce department against the 29 June ...

Telecom Argentina-Cablevision merger gets antitrust approval

Published 02 Jul 2018 10:01 CET | Argentina
Argentina's antitrust watchdog CNDC has finally given its green light to the merger of Telecom Argentina with cable TV provider ...

Argentina's Cablevision Holding posts Q1 sales of ARS 30.7 bln

Published 15 May 2018 09:39 CET | Argentina
Cablevision Holding (CVH), the new company spun off from Argentine media giant Clarin following the merger of Telecom Argentina ...

Argentina govt presents proposed convergence bill - report

Published 09 Apr 2018 11:08 CET | Argentina
Argentina's government has presented to the country's senate a bill that will finally allow telecommunications operators to offer ...

Telecom Argentina FY revenues up 22%, profit doubles

Published 09 Mar 2018 15:00 CET | Argentina
Telecom Argentina reported a net profit of ARS 7.7 billion in 2017, almost double the ARS 4.0 billion posted in 2016, driven by a ...

Cablevision, Telecom Argentina merger takes effect

Published 03 Jan 2018 10:44 CET | Argentina
Argentina's Cablevision and Telecom Argentina announced that their merger has become effective. Cablevision told the local stock ...