Rome, 10 Mar. The operator Telecom Italia has increased its stake in Telecom Argentina from 18.3% to 21.1%, after acquiring 10% of Sofora Telecommunications holding an amount of $ 145 million (105 million euros), according to the company said in a statement. The Italian operator reports that it has completed the acquisition through its subsidiary Telecom Italia International, a 10% stake in the capital of Sofora Telecommunications, the holding company that controls Telecom Argentina, Argentine partner Werthein.
In particular, Telecom Italia has increased its stake in Sofora from 58% to 69% stake in the company and, therefore, its presence in Argentina Telecom rises from 18.3% to 21.1%. It also clarifies that this operation does not alter or modify the rights of the government of Argentina Telecom Group established in the agreement between Telecom Italia and Werthein, nor the commitments made by the Italian operator with antitrust authorities in Argentina. 
In particular, Telecom Italia has increased its stake in Sofora from 58% to 69% stake in the company and, therefore, its presence in Argentina Telecom rises from 18.3% to 21.1%. It also clarifies that this operation does not alter or modify the rights of the government of Argentina Telecom Group established in the agreement between Telecom Italia and Werthein, nor the commitments made by the Italian operator with antitrust authorities in Argentina.
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