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Telecom Argentina shareholders approve merger with Cablevision
September 1, 2017 / 2:00 PM / 20 days ago

Telecom Argentina shareholders approve merger with Cablevision

A Telecom Argentina communications company sign is pictured on the front of one of its buildings in Buenos Aires, Argentina July 7, 2017. Union workers' banners seen on the wall read "United we are stronger". REUTERS/Marcos Brindicci

BUENOS AIRES (Reuters) - Shareholders in Telecom Argentina SA (TEC2.BA) approved a planned merger with cable TV provider Cablevision SA (CVH.BA) during a meeting on Thursday, the company said in a letter to Argentina’s securities regulator on Friday.

The merger, first announced in July, still required regulatory approval, the company said. Reuters has reported that the combined company would have to return broadcast airwaves to the Argentine government in order to be approved by the country’s communications regulator.

Reporting by Luc Cohen; Editing by Chizu Nomiyama

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