Claro, Nucleo reportedly vying for Cablevision

22 Sep 2011

According to news daily La Nacion, Argentine media giant Grupo Clarin is currently negotiating the sale of its Paraguayan cable TV operator Cablevision, which also has a presence in the broadband sector through ISP FiberTel. La Nacion reports that potential buyers for the cableco include Mexico’s America Movil, which currently has a presence in the Paraguayan wireless sector through Claro Paraguay, and Telecom Argentina-owned Nucleo (Telecom Personal Paraguay), which operates in both the wireless and broadband markets. According to unnamed sources close to the company, Grupo Clarin values the company at USD180 million, whilst America Movil is reluctant to pay more than USD160 million for the cableco; Telecom Argentina’s offer has not yet been disclosed. Alongside Cablevision’s cable TV subscriber base of around 115,000, which is primarily concentrated in the city of Asuncion, FiberTel reported a fibre-to-the-home (FTTH) broadband customer base of just 5,669 at end-June 2011.

Paraguay, Cablevision (FiberTel), Claro Paraguay, FiberTel (Paraguay), Nucleo (Telecom Personal Paraguay)