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Articles tagged with: Telecom Argentina
Telecom Argentina Pays Off Outstanding Renegotiated Debt
Telecom Argentina has paid off the remaining US$352 million of a US$1.88 billion debt that had been renegotiated with its creditors following the financial crisis in the country in 2001/2. The company repaid the debt five years ahead of schedule. more
Related Tags: personal, sofora, Argentina
Telecom Italia ordered to sell Argentine assets
Buenos Aires, Aug 27 (EFE).- Argentine anti-trust authorities ordered Telecom Italia to sell its telephone holdings in the country to prevent Spain's Telefonica from dominating the local market, the press reported Thursday. more
Related Tags: telecom-italia, telefonica, Argentina
Telecom Italia Wins Court Ruling - Gets Access to Argentinian Subsidiary
A court in Argentina has ruled that the country's anti-trust body, the CNDC was wrong to block Telecom Italia from participating in board meetings held by its local subsidiary, Telecom Argentina. The CNDC had originally blocked Telecom Italia from the board meetings as Telefonica holds a minority shareholding in the Italian firm. Telefonica also owns another Argentinean telecoms operator, Telefonica Argentina. more
Related Tags: telecom-italia, telefonica-, pension, sofora, Argentina
Telecom Italia Reported to be Looking to Exit Argentinian Market
Telecom Italia is reported to have hired advisors to help it sell its indirect stake in Telecom Argentina. The company owns a 50% stake in Sofora Telecomunicaciones, which in turn owns controlling interest in Telecom Argentina. more
Related Tags: telecom-italia, pension, sofora, Argentina
Telecom Argentina - Annual growth over 20% despite high penetration rate
Telecom Argentina operates Argentina's third largest mobile network by customer numbers, with 13.17m connections at the end of Q1 09. On an annual basis it was the fastest growing of the country's four networks with a growth rate of 21.0%, up from 16.9% for the prior twelve months. This is an impressive rate given that penetration in Argentina stood at around 110% at the end of the quarter. more
Related Tags: personal, tigo, Argentina
Fitch Affirms Telecom Argentina and Telecom Personal's IDRs; Outlook Stable
Fitch Ratings has affirmed the ratings outlook for Telecom Argentina (TEO), and subsidiary mobile network, Personal as Stable. Fitch said that the affirmation of TEO and Personal's ratings reflects a sound credit profile, strong operating performance and manageable debt maturity profile over the medium term. more
Related Tags: personal, fitch-ratings, telecom-italia, nortel, capex, fitch, pension, Argentina
Telecom Argentina Battle Gets Nasty as Top Shareholders Spar
BUENOS AIRES -(Dow Jones)- The battle for control of Telecom Argentina - a saga replete with accusations of wiretapping, lies, greed and political maneuvering - is heating up as a deciding deadline approaches. more
Related Tags: rsa, wiretaps, telefonica, telecom-italia, france-telecom, recycling, antitrust, sofora, new-york, Argentina
Telecom Argentina - Mobile Dominates Further, but Still Not as Profitable
Telecom Argentina has managed to maintain its ARPU at P$40 between the first and second quarters of 2008, yielding an improvement of P$3 year on year and achieving an increase in the effective ARPM from 45 to 47 cents. The improvement was driven by a small increase in voice usage, from 82 to 85 minutes per month, a more significant rise in SMS volumes, from 84 to 102 per month, as well as a strengthening of the quality of the base, from 32.3% to 33.9% contract. more
Related Tags: sms, arpu, tigo, Argentina
Telecom Argentina Appeals Probe Extension in Telefonica Case
BUENOS AIRES -(Dow Jones)- Telecom Argentina has appealed a judge's decision to extend the term of a monitor placed inside the company to assess whether Spanish company Telefonica's stake in its Italian parent creates a conflict of interest in Argentina. more
Related Tags: telefonica, telecom-italia, nortel, antitrust, Argentina
Telecom Argentina - Mobile Dominates Group Revenues
Telecom Argentina's mobile unit Personal added more than half a million customers in its home market in Q4 2007 to end the year with a total of 10.67m - 27% up year on year. Adding in the 1.63m the company has in neighbouring Paraguay through its Nucleo subsidiary, the Telecom Argentina Group customer base stood at 12.29m. more
Related Tags: roaming, arpu, Argentina