Monday, March 10, 2025

Telefónica Argentina already sold, but it had already been gone for some time now

The negotiations were brief and professional, as well as hermetic. The regulatory debate and the impact of the operation on the market took centre stage. Concerns about jobs and the use of Movistar brand. The smaller companies believe that there is no monopoly.

February 24, 2025 is set to be a “D-Day” for the future of the Argentine ICT sector. Late on that day, just seven days before the world’s largest industry event (MWC Barcelona 2025), Telecom’s purchase of Telefónica for US$1.245 billion was announced, after an acquisition process described as “very competitive and short” by Roberto Nobile, CEO of Telecom. The Government warned - even before the transaction was officially announced - that it will put it under analysis, and the ICT sector agenda for 2025 was transformed: regulatory adjustments and the impact on a shrinking market will take center stage.

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