17th Feb 2012 07:00
GRUPO CLARIN S.A.
Cablevisión operations in Paraguay
On 16 February 2012, Grupo Clarín S.A. (the "Company") informed the Argentine Securities Commission and the Buenos Aires Stock Exchange that its subsidiary Cablevisión S.A. ("Cablevisión") provides pay-television and internet access services in Paraguay and is the leader in that market. At the initiative of other participants in the communications market, Cablevisión is exploring different strategic scenarios for its operations in Paraguay. This has raised a potential association / acquisition interest in certain market players. To date, no commitments have been assumed in that respect and conversations are subject to non-disclosure agreements.
Enquiries:
In Buenos Aires:
Alfredo Marín/Agustín Medina Manson
Grupo Clarín
Tel: +5411 4309 7215
Email: [email protected]
In London:
Alex Money/Helen Greenwood
Temple Bar Advisory
Tel: +44 20 7002 1080
Email: [email protected]
In New York:
Melanie Carpenter/Peter Majeski
I-advize Corporate Communications
Tel: +1 212 406 3692
Email: [email protected]
Related Shares:
GCLA.L