Sign In
24 Jul 2009 17:39

GRUPO CLARIN S.A.Â
Statement re CablevisiĂłn telephony license
On 23 July 2009, the Argentine Securities Commission ("CNV") asked Grupo ClarĂn S.A. (the "Company") to provide the CNV information regarding an alleged granting and subsequent revocation of a telephony service authorization to its subsidiary, CablevisiĂłn S.A. ("CablevisiĂłn"). In responding, the Company made reference to a notice filed with the CNV and the Buenos Aires Stock Exchange ("BASE") on 23 July 2009 by CablevisiĂłn, explaining that: (i) CablevisiĂłn was and continues to be licensed to render telephony services pursuant to a license granted in 2002 to Fibertel S.A. (a former subsidiary that was merged into CablevisiĂłn in 2003), (ii) In order to implement the telephony service, CablevisiĂłn had filed technical requests and initiated several administrative procedures with the Communications Secretariat, which were delayed for nearly two years, (iii) on 13 July 2009, the Communications Secretariat issued Resolution No. 146/09, allocating a set of telephone numbers to CablevisiĂłn for use by its telephony clients, and (iv) on 22 July 2009 the Communications Secretariat issued Resolution No. 165/09, revoking Resolution No. 146/09 on the basis of objections filed by certain other Argentine telephony licensees, (v) CablevisiĂłn understands that Resolution No. 165/09 is arbitrary and illegitimate and is considering appropriate administrative and judicial actions.Â
Enquiries:
In Buenos Aires:
Alfredo MarĂn/M. Julia DĂaz Ardaya
Grupo ClarĂn
Email: investors@grupoclarin.com
In London:
Alex Money/Lorna Ellen
Temple Bar Advisory
Tel: +44 20 7002 1080
Email: clarin@templebaradvisory.com
In New York:
Melanie Carpenter/Peter Majeski
I-advize Corporate Communications
Tel: +1 212 406 3692
Email: clarin@i-advize.com
Follow the stocks
