This offer pitted him "from the cell-telephone organization of Carlos Trim in South The usa's 2nd-greatest financial state" and "expanded Martínez's bets past holdings which include cable belongings and Argentina's sovereign personal debt as he seeks to benefit from growing Internet and video use on cell units."[12]
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A The Wall Street Journal report, released on November ten, 2013, described Martínez's decision to invest in Argentina "an unconventional connect with," given that "Argentina has become a cautionary tale for many investors considering that its 2001 default on $100 billion in sovereign credit card debt" Which its last two presidents, Néstor Kirchner and Cristina Kirchner, experienced "continuously absent mano a mano with massive business enterprise," nationalizing an oil company and looking for to power the Clarin media group to interrupt up its business.
" His The big apple apartment "more than 15,000SF combo condominium that spans on the 76th & 77th flooring. Contains a two-story lounge and also a reflecting pool," and a "Particular technique continues to be rigged to guidance a person exceptionally large piece of artwork."
Bloomberg claimed that "Telecom Argentina as well as community device of fellow Mexican billionaire Slim's The us Movil SAB (AMXL) each have about a 3rd of your country's wireless sector." Noting that "Fintech has investments in Argentina's sovereign debt as well as in several restructured providers including a stake during the region's greatest cable organization, Cablevisión SA," Bloomberg quoted Martínez as stating, "We see tremendous alternatives for progress within the Argentine sector and they are committed to a very important financial commitment software to benefit from These alternatives."[twelve]
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