Argentina orders Internet provider shut downAssociated Press
Aug. 22, 2010
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The order says Grupo Clarin—which has grown through mergers to become one of Latin America's leading media companies—illegally absorbed the Fibertel company through its Cablevision subsidiary in January 2009 because it failed to obtain prior approval from the commerce secretary.
While the government says there are more than 200 providers in Argentina, most have tiny market shares. Removing Fibertel would enable Telecom's Arnet and Telefonica's Speedy to reach nearly 90 percent of Argentina's Internet users between them, and in many locations in the country, customers would only have one of those two companies to choose from.