Argentine MSOs plan stock offers

Multicanal, CableVision to go public

BUENOS AIRES — Following a massive spending spree that has seen the Argentine cable market consolidate around two players, both MSOs are planning initial public offerings.

Clarin-owned Multicanal plans to enter the New York and Buenos Aires stock exchanges, with JP Morgan, Bank of Boston and Credit Suisse/First Boston as agents, and reportedly hopes to raise $500 million.

Multicanal has 1.4 million cable homes in Argentina, a 20% stake in 400,000-sub MSO Supercanal, and another 200,000 subs in systems in Uruguay and Paraguay.

No. 2 MSO CableVision, part-owned by TCI Intl., is said to be prepping an IPO with Banque Societe Generale. CableVision is owned by Argentine investor group CEI and Spanish telco Telefonica as well as TCI Intl. and has around 1.5 million subs.

More Biz

  • Spotify logo is presented on a

    Spotify Launches Feature to Help Artists, Labels Submit Music to Playlists

    BUENOS AIRES — Following a massive spending spree that has seen the Argentine cable market consolidate around two players, both MSOs are planning initial public offerings. Clarin-owned Multicanal plans to enter the New York and Buenos Aires stock exchanges, with JP Morgan, Bank of Boston and Credit Suisse/First Boston as agents, and reportedly hopes to […]

  • Comcast Buying Fox Illustration

    Comcast Drops Out of Bidding War With Disney for 21st Century Fox Assets to Focus on Sky

    BUENOS AIRES — Following a massive spending spree that has seen the Argentine cable market consolidate around two players, both MSOs are planning initial public offerings. Clarin-owned Multicanal plans to enter the New York and Buenos Aires stock exchanges, with JP Morgan, Bank of Boston and Credit Suisse/First Boston as agents, and reportedly hopes to […]

  • The Bureau French TV Show

    French Firm Federation Steps Into the U.S. Market

    BUENOS AIRES — Following a massive spending spree that has seen the Argentine cable market consolidate around two players, both MSOs are planning initial public offerings. Clarin-owned Multicanal plans to enter the New York and Buenos Aires stock exchanges, with JP Morgan, Bank of Boston and Credit Suisse/First Boston as agents, and reportedly hopes to […]

  • iQiyi Nasdaq Stock Exchange

    Chinese Video Streamer iQIYI Buys Game Developer Skymoons

    BUENOS AIRES — Following a massive spending spree that has seen the Argentine cable market consolidate around two players, both MSOs are planning initial public offerings. Clarin-owned Multicanal plans to enter the New York and Buenos Aires stock exchanges, with JP Morgan, Bank of Boston and Credit Suisse/First Boston as agents, and reportedly hopes to […]

  • Brian Roberts Sun Valley Conference

    Merger Mania Dominates Talk at Sun Valley Moguls' Confab

    BUENOS AIRES — Following a massive spending spree that has seen the Argentine cable market consolidate around two players, both MSOs are planning initial public offerings. Clarin-owned Multicanal plans to enter the New York and Buenos Aires stock exchanges, with JP Morgan, Bank of Boston and Credit Suisse/First Boston as agents, and reportedly hopes to […]

  • Discovery Extends CEO David Zaslav's Contract

    Discovery Extends CEO David Zaslav's Contract Through 2023

    BUENOS AIRES — Following a massive spending spree that has seen the Argentine cable market consolidate around two players, both MSOs are planning initial public offerings. Clarin-owned Multicanal plans to enter the New York and Buenos Aires stock exchanges, with JP Morgan, Bank of Boston and Credit Suisse/First Boston as agents, and reportedly hopes to […]

More From Our Brands

Access exclusive content