Wireless companies in Argentina:
Claro Argentina | Claro Argentina provides PCS services to the Buenos Aires region. It introduced CDMA services in May 2000 and four months later launched two global positioning services giving customers access to real-time, web-based information on the geographical positioning of their handsets. In March 2002 CTI's majority shareholder Verizon Communications reduced its equity stake from 65 to 48 by transfering 5.5 million shares to a newly created employee trust managed by US Trust. The fund will distribute the shares to give employees a stake in the company. The following December CTI announced that it was looking for a new owner after Verizon hinted that it was considering pulling out of Argentina altogether. The operator has not released any further details on the matter. CTI is currently owned by Verizon Communications (48), Telfone - part of Grupo Clairn (20), US Trust (17), US investment bank Blackstone (10) and Morgan Grenfell/CAI (5)
| Telecom Personal S.A. | Telecom Personal S.A. is the country's largest cellphone company, with more than 2,200,000 customers nationwide –representing 32% of the market share. Telecom Personal S.A. is the Telecom Group cellphone company, operating in Argentina. 99.99% of its shares belong to Telecom Argentina (Telecom Italy - France Telecom) and 0.01% to Publicom S.A.
| Telef?nica Comunicaciones Personales (TCP) | A subsidiary of fixed line incumbent Telef?nica de Argentina, TCP originally provided mobile services in ten provinces in the south of the country. When it won its PCS licence in 1999, it expanded its operations to the north and assumed the brand name Unif?n. TCP has worked aggressively throughout 2002 to combat the economic crisis and retain customers, cutting costs and embarking on schemes aimed at increasing customer loyalty. Like Telecom Personal, TCP is suffering from the knock-on effects of its parent's indebtedness, and in December 2002 it signed a letter of understanding with Swedish equipment supplier Ericsson to restructure USD130 million of debt. TCP is 97.93% owned by Telef?nica M?viles.
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