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Flow (Argentina)

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Cablevisión SA
Company typeSociedad Anonima
IndustryTelecommunications
Mass media
FoundedAugust 29, 1981
HeadquartersBuenos Aires, Argentina
Area served
Argentina, Paraguay, Uruguay
Key people
Carlos Alberto Moltini
(CEO)
ProductsCable
Internet
ServicesCablevisión
Cablevisión HD
Fibertel
RevenueIncrease $2.280 billion USD (2014)[1]
Increase $332.44 million USD (2014)
OwnerGrupo Clarin (60 %)
Fintech Media LLC (40 %)
Number of employees
9065 (2014)
ParentClarín Group
SubsidiariesFibertel
Websitewww.cablevisionfibertel.com.ar

Cablevisión is an Argentine company that provides cable television and Internet services in Argentina, Paraguay and Uruguay. It is currently owned by Clarín Group. It is the biggest cable TV provider in Argentina with 3,377,082 customers.[2]

History

It was founded in 1981, initially offering service in La Lucila, Buenos Aires.[3]

In 1983 it expands to the cities of Vicente Lopez and San Isidro. Afterwards, the neighborhoods of Belgrano, Palermo and Recoleta in Buenos Aires were added under the supervision of businessman Eduardo Eurnekian under the America media conglomerate.

In 1994, Tele-Communications International Inc. acquires 51% stake in the company, as well as the PRAMER cable production system.[3]

In 1997 Citicorp Equity Investment (CEI) and Telefónica Internacional were incorporated as shareholders.

Between 1997 and 1998 Cablevision becomes one of the major cable operators in the city of Buenos Aires and Greater Buenos Aires. In 1998 it was offering its services in 7 provinces.

In 2006, Grupo Clarín buys 60% of Cablevision, merging it with Multicanal, the second biggest Argentine pay TV operator, forming one of the major cable companies in the world.[3]

References

  1. ^ "Cablevisión S.A. - Annual Report". Retrieved 2016-01-07.
  2. ^ "Argentina: Cablevisión reporta el 45,1% de aumento en sus ventas y 3,501 millones de abonados". Retrieved 2016-01-07.
  3. ^ a b c "Cablevision - Nuestra Historia". Archived from the original on March 5, 2010. Retrieved 2016-01-07. {{cite web}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)

External links