Cablevisión, Telecom Argentina Merger Promises New Leader in Telco-Content Market

Telecom Argentina, one of Argentina’s premier telecommunications service providers, has announced a merger agreement with Cablevisión, Argentina’s biggest pay TV provider accounting for 35% of Argentine pay TV households. Cablevision shareholders will control 55% of the resulting company after Telecom issues 1.184 billion shares, leaving current Telecom shareholders controlling the other 45%. Should the deal... Read more » John Hopewell