Telecom Argentina strikes merger agreement with Cablevisión

July 05, 2017  | Subscribers Only

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Following the loosening of regulations with a decree published in January allowing for the cross ownership or provision of pay TV, fixed line and mobile phone service providers, Telecom Argentina and Cablevisión have announced that they have agreed to merge. This deal prepares the way for regulatory changes being implemented at the start of 2018. Telecom Argentina will absorb Cablevisión in a share based deal that will see the issue of $1.18 billion in new share capital with Cablevisión owner’s Fintech Media and Cablevisión Holdings receiving a 55% stake while existing Telecom Argentina shareholders retain a 45% stake.

Highlights:

  • Regulatory changes have created an opportunity for telecom operators to enter pay TV in 2018
  • Telecom Argentina and Cablevisión are moving quickly to take consolidate before implementation
  • The combined company will lead the market and be able to offer a fully converged quad play offering

In this report:

  • Overview of the deal
  • Argentina in context
  • Analysis of impact on pay TV market
  • Strategic move puts Telecom Argentina ahead of the pack
  • Argentinean pay TV strength expected to continue
  • Deregulation creates new opportunities for incumbents
  • The future of Argentinean pay TV

List of tables and charts:

  • Argentina multiplay market
  • Argentina pay TV video subscribers and video penetration

Number of pages: 5

Number of Tables and Charts: 2



 

 

Erik Brannon

Associate Director – Research and Analysis, Service Providers & Platforms

Mr. Erik Brannon, the associate director of research and analysis at IHS Markit, specializes in pay-TV operators and channels.

Seth Wallis-Jones

Principal Research Analyst, Service Providers & Platforms

Mr. Seth Wallis-Jones, principal research analyst at IHS Markit, covers telecom multiplay strategies for the Service Providers & Platforms team.

Geography
Argentina
Research by Market
Mobile & Telecom
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