Nextel to share spectrum with Red Intercable; Telefonica de Argentina mulling IPO

27 Jun 2017

Nextel Argentina has reportedly signed a spectrum-sharing agreement with Red Intercable, a domestic cooperative comprising a number of regional cable operators. The pact, which was agreed at the behest of the government, will see wireless connectivity extended to 560 localities in the interior of the country. Locations earmarked for improved connectivity include La Pampa, Santa Fe and Cordoba. Previously, in February 2017 the National Entity for Communications (Ente Nacional de Comunicaciones, ENACOM) authorised Nextel Argentina to become the country’s fourth LTE provider; the cellco will utilise its newly acquired spectrum holdings in the 900MHz and 2.5GHz bands to deploy 4G networks. TeleGeography notes that Red Intercable currently represents 230 small-scale providers across 580 locations in 21 provinces. The company claims to have an addressable cable footprint of around 610,000 homes.

In other news, Bloomberg reports that Telefonica de Argentina is considering an initial public offering (IPO), as it seeks to raise funds by tapping into investor appetite for the emerging market. People familiar with the matter have informed the news agency that a share sale is one of several alternatives being weighed, and Telefonica may also explore network-sharing agreements with other domestic operators. No final decisions have been made, the sources added.

Argentina, FiberCorp (formerly Nextel Argentina), Red Intercable, Telefonica Argentina (Movistar)