Court revokes order for TI to leave Argentina

A court in Argentina revoked a ruling issued by the country's antitrust agency, the National Commission for the Defense of Competition (CNDC), which had ordered Telecom Italia (TI) to sell its 50 percent stake in Sofora, the holding company that controls fixed line Telecom Argentina, BNamericas reported, according to TeleGeography CommsUpdate.

The court ruled that the CNDC does not have the right to order TI to sell its shares in Telecom Argentina, and asked the Supreme Court to order the government to create a national antitrust tribunal, to act in antimonopoly cases.