Movistar to resell broadband service

4 Dec 2006

Telefónica de Argentina (TAR), the former monopoly wireline provider, has authorised its sister company Movistar to resell Speedy, TAR’s broadband service, reports BNamericas. This will be the first joint venture between the two units of Spanish giant Telefónica, and will allow cellco Movistar to sell Speedy from its retail outlets. TAR claims to have close to 480,000 broadband customers currently, and is aiming for a million by the end of 2007.