Telecom Argentina and Cablevisión announce that they have entered into a Preliminary Merger Agreement that will allow them to become a leading provider of convergent telecommunications solutions that will fulfill the digital life of their customers

BUENOS AIRES, Argentina , Julyandnbsp;andnbsp;Telecom Argentina S.A. (NYSE: TEO, BASE: TECO2), ("Telecom Argentina"), a leading mobile and fixed telecommunications company in Argentina , as well as in Paraguay for mobile telecommunications, and Cablevisión S.A. ("Cablevisión") the leading paid TV provider and leader in the broadband market in Argentina and the second largest paid TV provider in Uruguay (in conjunction "the Companies") today announced a plan to merge their respective corporate structures and operations with the aim of creating a leading provider of convergent telecommunications services and to participate in the opening of the telecommunications sector that, according to Argentine regulations, is expected to occur beginning in January 2018 . Click here for more.

from Cellular News http://bit.ly/2sxwby4