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Regulator OKs Telecom Italia's Argentina sale

2016-03-04 01:00:00| Total Telecom industry news

ENACOM also approves sale of Nextel Argentina to Grupo Clarin, source confirms.

Tags: sale argentina telecom regulator

 

Argentina ends 15-year $95bn bond fight

2016-02-29 17:58:49| BBC News | Business | UK Edition

Argentina signs an agreement with US hedge funds to settle what has been described as a "pitched battle" over its failure to repay $95bn worth of bonds.

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Bidder preparing USD 1.1 bln bid for Telecom Argentina stake

2016-02-29 08:37:00| Telecompaper Headlines

(Telecompaper) Argentine businessman Carlos Newbery is preparing to make a bid for Telecom Italia's stake in Telecom Argentina, reports Bloomberg, adding that Newbury is ready to offer 10 percent more than US-backed investment fund Fintech. "The valuation and potential of the company is higher than what has been offered and we are ready to improve it up to USD 1.1 billion," Newbery told Bloomberg. Although Telecom Italia reached a deal back in 2013 to sell its 68 percent controlling stake in Telecom Argentina holding company Sofora to Fintech for USD 960 million, it has so far only been able to divest an initial 17 percent share. 

Tags: argentina usd bid telecom

 

Telecom Argentina sale process takes new turn

2016-02-29 01:00:00| Total Telecom industry news

Local businessman ready to make an offer that exceeds price of Fintech deal, but regulators reportedly due to OK original agreement.

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Total begins production at Vega Pleyade field in Argentina

2016-02-26 01:00:00| Offshore Technology

Total has started production at the Vega Pleyade gas and condensate field in the Tierra del Fuego region, offshore Argentina.

Tags: total field production argentina

 

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