Within six months for the deregulation of the Argentinean telecoms market, the two major players Telefonica and Telecom area restructuring their operations. Telefonica, responding to a world reorganization, wants to win a position in the fast growing data communications and Internet businesses through the subsidiary Telefonica Data. The other major Telecom is working towards the halving of Telecom Soluciones, passing on to its direct control the area that renders data communications services to corporations. Arnet, the independent ISP willcontinue as such. The data communications market in Argentina is growing 25% annually and is currently estimated at US$330mil.
Copyright (c) 2000, SABI, all rights reserved.
Source: El Cronista Page: 21 Date: May 19, 2000 Country: Argentina Product: Telecommunications Company: Telefonica ; Telecom Event: Reorganization SABI (South American Business Information)
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