Argentina approves the merger of Cablevisión and Telecom



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The operation will allow the formation of the largest telecommunications group of the South American country.

(Reuters) –

The Argentine National Commission for the Defense of Competition (CNDC) last Friday approved the merger of Telecom Argentina and Cablevisión, for which it has imposed certain conditions such as the sale of electricity to the company. assets. 19659005] The operation, which will allow the formation of the largest telecommunications group in the country, had already been approved in December by the National Communications Agency and was awaiting the opinion of the CNDC.

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"The opinion (…) imposes obligations and makes recommendations at four levels: divestment, commercial offers, availability of network and spectrum," said the CNDC.

The operation comes after the opening of the market organized by Liberal President Mauricio Macri, which allows telephone companies to offer integrated audiovisual services, known as "quadruple play" or "quadruple play" ".

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