The Argentine government appointed a consulting firm to monitor the divestiture process of Telecom, which could boost the asset's value. This could generate greater returns for investors
In a move that could have a significant impact on the local market, the Argentine government has appointed Together Business Consulting—backed by the international consulting firm Nexia—as the monitoring agent for Telecom’s divestiture process.
This designation is a crucial step in the government's strategy to privatize or sell off the state's shares in Telecom, a company that has long been a burden on the local market.
We believe that the involvement of a key player such as Together Business Consulting, along with its support from Nexia, could strengthen the divestiture process and improve the management of Telecom's assets.
From the investors' perspective, the news is positive, as it suggests that the divestiture process could be successfully completed and that Telecom could recover some of its lost market value.
Furthermore, this could generate greater returns for investors who have remained with the company for a long time, as they could see a return on their investments.
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