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General

Telecom Argentina to boost Uruguay investment, eyes Telefonica unit - report

Monday 7 December 2020 | 11:57 CET | News
Telecom Argentina intends to significantly increase its investment in Uruguay over the coming months and explore the possibility of acquiring Telefonica's Movistar Uruguay unit, according to unnamed sources cited by local portal Busqueda. Executives from Grupo Clarin-owned Telecom Argentina have already met with Uruguayan president Luis Lacalle Pou to discuss future investments, above all in the wake of the government's proposed plan to amend the law barring pay-TV operators from providing fixed broadband and telephony services, said the report.

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Categories: General
Companies: Antel / Clarin / Movistar Uruguay / Telecom Argentina / Telefonica
Countries: Uruguay
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