Shareholders approved the merger plan in September and the country’s regulator, Enacom, is understood to be ready to allow other operators to offer satellite TV and other pay-TV services as part of their packages.
Enacom has still not given its final decision on the Cablevisión/Telecom Argentina merger but it is expected by mid-December, unnamed sources told Reuters this week.
“The country’s anti-trust regulator also would have to approve the deal,” the agency noted. The merged company would have a capitalisation of about $11 billion.
But it pointed out that Argentina’s president, Mauricio Macri, is rolling back restrictions on consolidation of the telecoms market. Operators will be able to offer quad-play packages of fixed and mobile phone, TV and internet.