Metrotel launches Tuenti as Argentina's third operator, Telefónica exits

Argentina's competition authority approved Telefónica's divestment, allowing Metrotel to launch Tuenti as the third mobile and fiber operator, inheriting six million Movistar clients. This marks Telefónica's definitive exit from Argentina after a two-year dispute with the Milei government. The move reshapes Argentina's telecom market, increasing competition and potentially affecting pricing and investment.