Argentina’s Cablevisión goes public, extends HD footprint
Details
Juan Fernandez Gonzalez
| 01 September 2017

In two moves that aim to continue the revamp of Argentina’s largest pay-TV operator, Cablevisión has refreshed its line-up with new HD networks and also entered the country’s stock market.

As part of its standalone adventure initiated last year when Cablevisión became an independent operator by leaving its former parent company Grupo Clarín, the cable TV player has now gone public.

For now, the operator won’t issue new stocks or allow new shareholders to buy in to the company, but it sees the move as another step towards its financial reorganisation. During its first day on the stock market, the company increased its share value by 21%.

Cablevisión is also working towards a possible merger with Telecom Argentina to create a giant convergent player.

In addition to its financial strategic announcements, Cablevisión has added eight HD networks and one SD channel to its pay-TV programming.

According to the company, Comedy Central, Food Networks, Atreseries, KZO, Europa Europa, Fox Life, Animal Planet and ID Discovery will be available in the HD package and the multi-device service Cablevisión Flow.

In addition, the sports-focused channel ESPN+ will join ESPN, ESPN2 and ESPN3 on both the cable platform and Flow.