New Argentina Telefonica-BellSouth Unit To Invest ARS450 Million
"BUENOS AIRES -(Dow Jones)- Movistar, the new cellular phone operator produced from Telefonica Moviles' (TEM) purchase of U.S.-based BellSouth Corp's (BLS) Latin American operations, will invest ARS450 million ($1=ARS2.92) in Argentina this year, company officials said Tuesday. "
"BUENOS AIRES -(Dow Jones)- Movistar, the new cellular phone operator produced from Telefonica Moviles' (TEM) purchase of U.S.-based BellSouth Corp's (BLS) Latin American operations, will invest ARS450 million ($1=ARS2.92) in Argentina this year, company officials said Tuesday. "
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