Tag Archives: Tuves Paraguay

Telecom Argentina ends TuVes Paraguay acquisition process

As reported by Telecom Argentina in its Q3 2019 quarterly results report, the company confirmed it has acquired a 30% of the Paraguayan DTH operator TuVes shareholding package. This way, the agreement ran in 2017 was completed, whereby Telecom Argentina, through is Paraguayan subsidiary Nucleo, had acquired TuVes in a 70%.  TuVes provides telecommunications and [...]

Telecom Argentina acquires TuVes in Paraguay

After announcing its intention to merge with Cablevisión, Telecom Argentina has acquired  a 70% stake in Paraguayan DTH operator TuVes (Inter Venezuela). In a statement, the company said its subsidiary Núcleo acquired the shares for USD 6,264. In addition, the company approved the capitalization of TuVes Paraguay for USD 12.6 million. The capital increase was [...]