Argentina Makes Telecom Shed 6 Million Customers to Buy Telefónica
13 Articles
13 Articles
Argentina Makes Telecom Shed 6 Million Customers to Buy Telefónica
Markets · Corporates —The ruling. Argentina’s competition authority cleared Telecom’s purchase of Telefonica’s local arm only if the buyer sheds 6 million mobile customers. —The buyer. Telecom is controlled by Grupo Clarin, Argentina’s most powerful media group, and the deal was announced in February 2025 for $1.245 billion. —The split. Of the 6 million lines, […] The post Argentina Makes Telecom Shed 6 Million Customers to Buy Telefónica appear…
Finally, and as LA NACION anticipated, the National Competition Authority (ANC) issued itself on the purchase of Telefónica by Telecom and conditioned the approval of the merger to the company meeting a number of conditions in line with what had been suggested by the National Communications Authority (Enacom).As reported by the ANC through a post on Linkedin, Telecom will have to transfer 6 million mobile customers, along with the associated inf…
The national Government confirmed that it will not endorse the purchase of Telefónica Móviles Argentina by Telecom, a company controlled by the Clarín Group, if the company does not show up 6 million mobile customers. The decision was announced by the Tribunal de Defensa de la Competencia (TDC), an organ of the National Competition Authority (ANC), on the basis of a technical report prepared by ENACOM. According to the official communiqué, witho…
Telecom will have to cede 6 million mobile phone customers and participations in the radio spectrum and fixed internet. They seek to avoid an excessive concentration The purchase of Telefónica by Telecom finally received the official approval, but with conditions of such magnitude that they will force the company to divest itself of 6 million ... MORE CONCENTRATION/Telecom absorbs Telefónica but will yield businesses Read more »
Eugenia Muzio, a profile journalist specializing in economics, explained that the government would be willing to approve the purchase of Telefónica Argentina by Telecom, although imposing conditions that the company considers excessive. Read more
The World Cup has already been left by the group Clarín: the government has put mild conditions on the Telefónica-Telecom merger and Clarín will dominate the convergent offer of telephony, internet and TV pays nationwide. But the decision obliges Telecom to divest itself of 6 million mobile subscribers, along with the associated infrastructure, strategically distributed between AMBA, the North Region and the South Region, to a new competitor in …
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