Metrotel to absorb 6M+ Telecom Argentina customers in Telefónica deal remedy

Argentina's competition regulator has mandated that Telecom Argentina divest over six million customers to Metrotel as a condition for its acquisition of Telefónica's local assets. Metrotel, a 30-year-old B2B-focused telecom with its own fiber network, will now enter the mass-market segment. The move reshapes Argentina's telecom market structure, reducing Telecom's dominance but creating a new major player.