Argentina: Telecoms mega-merger given green light

Telecom Argentina picked up approval from competition regulators for a merger with cable TV company Cablevision, creating a new leader in converged telecom and media services, although conditions have been imposed.

After a ten-month review, the Comision Nacional Defensa de la Competencia said it imposes obligations and makes recommendations on four levels: divestments; commercial offers; network availability; and spectrum.

In addition, the combined company will have to avoid bundling services for a period of either six or 12 months (depending on region), limiting its potential first mover advantage. By delaying combined offers, competitors have more time to invest or partner to provide multiple services together with another provider…

Full Content: Telecompaper

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