With only 11% of the population on the phone, a waiting list of 1.3m subscribers, and a consortium led by Telefonica de Espana prepared to invest $700m upfront and about $4,500m over five years, all the two houses of the Argentinian parliament and the trades unions can do is wrangle about the sacred dinosaur of […]
With only 11% of the population on the phone, a waiting list of 1.3m subscribers, and a consortium led by Telefonica de Espana prepared to invest $700m upfront and about $4,500m over five years, all the two houses of the Argentinian parliament and the trades unions can do is wrangle about the sacred dinosaur of state ownership and whether the deal, involving Telefonica taking a 40% stake in Entel, the national phone company, should proceed: Telefonica says they have till January to get their act together, or it will walk away from the deal.
