Metrotel cleared to buy Movistar assets in Argentina
TL;DR: Argentina's competition authority ANC approved Metrotel as the buyer of Movistar activities that Telecom Argentina was required to sell for regulatory compliance. The assets include 6 million mobile users and about 200,000 fixed internet customers.
Argentina's competition authority ANC approved Metrotel as the buyer of Movistar activities that Telecom Argentina was required to sell to comply with regulation tied to an acquisition.
The assets include 6 million mobile phone users. The majority of those users are located in the Buenos Aires Metropolitan Area.
The transaction also includes around 200,000 fixed internet customers. The deal allows Metrotel to enter Argentina's residential market.
Relevant questions
What did Argentina's competition authority approve for Metrotel?
Argentina's competition authority ANC approved Metrotel as the buyer of Movistar activities that Telecom Argentina had to sell for regulatory compliance.
How many customers are included in the Movistar assets sold to Metrotel?
The assets include 6 million mobile phone users and around 200,000 fixed internet customers.
Where are most of the mobile users in the Movistar assets located?
The majority of the 6 million mobile phone users are located in the Buenos Aires Metropolitan Area.
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