With divestment and brake to quadruple play until 2019, free access to the merger of Telecom with Cablevisión

After ten months of badysis, and exactly one year after the announcement of the launch of the operation, the National Commission for the Defense of Competition on Friday approved the merger of Telecom and Cablevisión. This is the largest operation of its kind in Argentine history, which gives birth to the third largest company by billing level, after Free Mercado and YPF.

Megafusión technically consists of the absorption of Cablevisión (Clarín group), by Telecom (Fintech group, led by investor David Martínez). As previously announced when the transaction was approved by Enacom, the new company is renamed Telecom, although Cablevisión is the parent company, and its main business will be to provide quadruple services: fixed and mobile telephony, intentet and television. [19659002IncludingtheresolutionCNDCadeclaredinacommunicationthatit"imposesobligationsanddecommendationsatfourlevels:disinvestmentoffercommercialandpowercommercialoffices"

Telecom-Cablevisión is to sell its fixed broadband service under the Arnet brand in 28 locations in the provinces of Buenos Aires, Córdoba, Santa Fe and Misiones. The buyer is the Valentini group (see separately), for a figure that has not spread. "The merger would have created competition problems in places where Cablevisión and Telecom were the only companies to deploy fixed networks," said the CNDC

. In return, Telecom retains the activities under the Fibertel brand. has a more modern infrastructure and provides a faster connection speed.