Thursday, 17 August 2017

Argentina blocks Nextel sale

By Mary Lennighan, Total Telecom
Tuesday 29 September 15

Buyout deal between NII Holdings and Grupo Clarin required prior regulatory approval, AFTIC says.

Argentina's telecom regulator will not allow Grupo Clarin to move ahead with its acquisition of mobile operator Nextel. Earlier this month NII Holdings announced that it had agreed to sell 49% of Nextel Argentina to Clarin for US$178 million…

Argentina's telecom regulator will not allow Grupo Clarin to move ahead with its acquisition of mobile operator Nextel. Earlier this month NII Holdings announced that it had agreed to sell 49% of Nextel Argentina to Clarin for US$178 million…

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