BMI View: Argentina’s strong telecoms growth story continues, keeping the market at the top of developments in the region. The introduction of MVNOs will make the market even more competitive and contribute further to growth, although operator ARPUs will likely suffer as a result. The decision for Arsat to enter as an MVNO and a wholesale provider rather than a major MNO, and offering back spectrum to incumbents, has allayed some of the concerns from last quarter. But industry risks remain over delays to the 4G auction and in the pay TV sector, the new media law currently being debated …
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