
Argentina suspends Telecom’s purchase of Telefonica unit
By Natalia Siniawski and Maximilian HeathBUENOS AIRES (Reuters) -Argentina’s presidential office on Friday said it issued a preventive measure to suspend Telecom (BCBA:TECO2m)’s acquisition of Telefonica (NYSE:TEF)’s local unit, claiming the pending merger could lead to excessive market concentration.Spanish telecoms giant Telefonica said in February it was selling its unit in the country ...