America Movil seeks to buy Telecentro and Arsat assets in Argentina

 

Mexican telecommunications company America Movil seems to be seeking to expand its presence in Argentina onto the Pay-TV market for which it would be interested in buying triple play operator Telecentro and valuable assets of state-owned Arsat, local newspaper Pagina 12 reported.

 

America Movil operates in that country mobile company Claro which, like every other company in this subsector, is prevented from entering the Pay-TV industry until at least 2018 according to the presidential decree that amended the Audiovisual Communication Services Act in December 2015.

 

The owner of the corporation, Carlos Slim, has held a private meeting with Argentine President, Mauricio Macri, with the aim of analyzing investment options among which were shuffled the control of a portion of the state Federal Optic Fiber Network (Refefo) and capacity of national satellite Arsat-2.

 

On the other hand, it is also discussed the possible acquisition of Telecentro from Alberto Pierri facing the time when convergence is opened. This operator would obtain authorization to provide quadruple play in the short term. Claro offers Pay-TV in Chile, Brazil, Colombia, Peru, Guatemala, Nicaragua, Honduras, Costa Rica, El Salvador and Panama.