CableVision ownership changes

9 Mar 2005

US-based investment company Fintech has bought a 50% stake in Argentine CATV and broadband provider CableVision, according to BNamericas. The stake, costing USD40.5 million, was previously held by US holding company Liberty Media via its Argentine unit VLG Argentina. CableVision says it will invest USD220 million in the next five years to launch VoIP and digital TV services.