Mexican businessman Carlos Slim, owner of America Movil, talked about the regulatory changes that will come into effect in the telecommunications sector in Argentina. Slim stressed the need for several players to offer the same service in order to “avoid the current situation in the satellite TV market, where there is only one company operating”.
“I think the important thing is that we can all have fully participation, this is, several actors offering the same service to avoid the current situation in the satellite market, where there is only one company operating”, said Slim, in an interview published by La Nación, when asked about the authorization of 4G spectrum to Nextel (Cablevisión).
Currently, DirecTV is the main DTH operator in Argentina. The company INTV (Red Intercable) also operates satellite TV but has a smaller operation in some regions where the network of Cablevisión (Grupo Clarín) is not available.
“Allegedly, pay TV the market will be open to new companies in January (in 2018) in some regions of the country. Content companies have already entered the telecom market. I think it is necessary that all players invest in all sectors in order to increase competition. It is required a lot of investment, of several billions of dollars a year”, he said. Slim spoke with journalists in the framework of the Summit of former Presidents of Latin America.
In January this year, the Argentine government issued a decree that introduced changes in the industry and established that telecommunications companies will be able to offer pay TV, starting in 2018, by “physical or radio electric link”, which leaves out the option for DTH, a service that Claro already offers in several countries in Latin America, including Brazil and Chile and Colombia.