Cablevision's assets to be frozen

11 Sep 2009

Argentina’s antitrust agency the CNDC has issued a resolution to freeze the assets of Cablevision, reports BNamericas, citing local press. The move follows the announcement earlier this week that federal broadcasting committee Comfer had denied Grupo Clarin the right to merge cablecos Cablevision and Multicanal, on the grounds that Cablevision already held more licences than allowed by local regulations. Cablevision says the CNDC’s decision is arbitrary and that it expects to appeal.

Argentina, Cablevision (FiberTel), Multicanal Argentina