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Telefónica agrees to sell Argentine TV business for US$400m

Connectivity BusinessbyConnectivity Business
November 3, 2016
in Investments, Space Services
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Entertainment content company Viacom has reportedly been selected as the winner of a bidding process to acquire Argentine broadcaster Televisión Federal (Telefe) from Telefónica, in a deal valued at US$400m. The sale comes as the Spanish giant is trying to cut its debt pile of about €53bn (US$59bn). Entertainment content company Viacom (NASDAQ:VIA) has reportedly been selected as the winner of a bidding process […]

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Tags: AT&TDirecTVLatin AmericaO2PremiumTelefónicaTelevisión Federal (Telefe)TelxiusTF250Time WarnerViacom
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