Convergencia Research, Consultoría especializada en Latinoamérica y Caribe
Thursday, October 09, 2014

Argentina Alliances Map 2013

Fintech, the european crisis and the Media Law, responsible for the changes during 2013.

The decision of the investment fund buy David Martinez of Telecom Italia's investment in Telecom Argentina forced to restructure the layout synthesis of traditional owners of the media industry, and telecommunications convergence Publishing Group for 18 years.

To stay with Telecom Argentina, Fintech agree to leave their 40% stake in Cablevision, since the phone is incompatible with broadcasting as mandated the Law Media Studies (LSCA), fully validated by the Supreme Court, recently the October 29, 2013.

Telecom Italia Argentina goes to try to reduce its debt of € 28,229 million at the end of the third quarter of 2013. International finance force he could not impose the National Commission for Protection of Competition in Argentina in 2009: avoid the monopoly Telefonica landline after joining the consortium Telco, Telecom Italia driver. National Justice braked in time required divestiture ordered by the Italian regulator Argentine competition. Now it goes.

Telefónica carries a higher debt to his Italian controlled: from € 44.634 million, according to the statements of its President, César Alierta, who pulled late trading to close sales outstanding (including the sale of Telecom Argentina to Fintech). On the new map divestment in Hispasat and Attentive is reflected by their impact on the local market. But he also made operations in other countries in 2013 (the Irish subsidiary of O2 and Tesco Mobile MVNO) and manages to sell O2 Czech Republic.

Another blow to the Old Continent is Microsoft buying Nokia's mobile business, which US companies with a strong presence on the Web reinforces its dominance in the business of mobile terminals. Follow the path that Google acquired Motorola Mobility, as the company began as a supplier of radios stayed with their old business and the name of Motorola Solutions.

In line with the above strategy, the United States managed to consolidate its global video distribution through Level 3, which received the approval of the acquisition of Global Crossing. Instead he lost interference in America Movil, which AT & T lowered its ownership of a 23.5% to 9%.

The Japanese advance was reflected by the purchase of 57% of Brightstar from Softbank, which has been increasing its presence in America in recent years. First, with the purchase of Sprint Nextel completed, according to reports, with the acquisition of the operations of T-Mobile in the United States. We will have to follow closely the expansion of the company in times of reconfiguration of the local market as its namesake in Argentina Nextel, owned by NII seeks buyer.

Finalizing the most resonant acquisitions of 2013, it noted Globant's expansion, which acquired 86.25% of the British software company Huddle Group. Earlier he had absorbed the Nextive and TerraForum Brazilian American.

At the local level of connectivity, the return of Comercial del Plata activity with the acquisition of 80% of Metrotel and adding several SA with Provincial Majority Stake State (Sapem) La Rioja, Refsa -Formosa- ECOM Chaco Neutics -60% of the Province of Neuquén and several other Colorado cooperatives- and Water -The Pampa, are the highlight of the year.

The resonant change in the audiovisual category perhaps obtaining Indalo at the expense of no less than Clarin (30%), most (81%) of Ideas del Sur, which Marcelo Tinelli retain 19%. Was also instrumental laundering ownership of 70% of Channel 9's hands Lorefice lawyer Carlos Lynch, while the remaining 30% is owned by Remigio Angel Gonzalez, Mexico, which was previously included with most actions. "Phantom" as often referred to Gonzalez, he had no choice to be in order to stop foreign ownership of media law.

It was expected by the end of 2013 the resolution of pending proceedings related to divestitures to adapt to the LSCA. It did not. And the reluctance of Grupo Clarin incorporate mandatory channels to its grid threaten to continue delaying the standardization of all stakeholders. The Federal Authority for Audiovisual Communication Services (Afsca) believes otherwise benefit the already highly concentrated conglomerate Hector Magnetto commands.

Only resolved then eight minor adjustments during three meetings of the board of Afsca: Pampa Difusora, Maria Jimena Ricardo Ibañez and Nemesio for Board Minutes 1/25/2013 34; Directv, Echo Chain and Zero by Broadcasting Act 37 of 05.06.2013 the Board; Radio Vision and Jujuy and Eteco SRL, registered in the Act of 46 12/27/2013 Directory.

The remaining steps are the 11 most controversial: Grupo Clarin, Group One, Telefe, Telecentre Cases, Cadena 3, Indalo, Schroeder Group, Atlantic Station, Red Intercable and ICK Group.

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