Clarin networks to boost digital spend

Units to add 50 -70 digital radio.TV channels

BUENOS AIRES — Argentinean cablers Cablevision and Multicanal plan to invest a combined $500 million through 2010 in digital channels, broadband infrastructure and the introduction of voice services.

The companies, both controlled by the country’s biggest media conglom Grupo Clarin, will add 50 to 70 digital radio and TV channels to their 74-feevee lineup and expand two-way broadband lines from 42% to 70% of the network so they can start rolling out voice-over-Internet telephony in June, said Carlos Moltini, Cablevision g.m. and spokesman for Multicanal.

The cablers, which have a combined 52% of the country’s 5 million pay TV subs, plan to enter the voice market as telephone companies like Telefonica and Telecom try to offer pay TV over DSL broadband lines, something the government so far has prohibited.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More TV News from Variety

Loading