Argentina: Cablevision-Telecom Argentina merger gets conditional green light
The Comisión Nacional de Defensa de la Competencia (CNDC) has approved the merger between the two entities but set several conditions including the divestment of 143,464 customers by the merged entity across five provinces (Cordoba, Buenos Aires, Entre Rios, Misiones and Santa Fe). Additionally, the merged company must return an 80MHz block of spectrum to comply with the set spectrum cap as well as offer wholesale broadband connectivity to other operators.
Argentina: Telecom Argentina delays investments amid economic crisis
Reuters reported that Telecom Argentina intends to delay its US$5bn investment plan as a consequence of the currency crisis faced by the Argentine peso.