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Argentina slaps huge fine on Spanish mobile phone service
Argentina has fined Telefonica 43 million dollars for a mobile phone service interruption last month, which threatens to further exacerbate tensions between the two countries. Read full article
Comments
Disclaimer & comment rulesHere we go, Danny de Vito and Leather-Tracksuit Boy trying to expropriate Spanish companies... again.
May 09th, 2012 - 08:05 am - Link - Report abuse 0“Boost investment or else” adds uncertainty and risk to reduce the price of the shares, hence overall price of the company.
Then they steal it.
Then they claim it's not worth very much.
I'd expect this company to be stolen by the Argentinians within the next few months, and discussions already be going ahead with the Chinese, and some average Argtard being recruited as new CEO.
Argtards gonna tard.
Yip, this company is the next one.
May 09th, 2012 - 09:00 am - Link - Report abuse 0Are they demanding payment in pesos or the $US
May 09th, 2012 - 09:24 am - Link - Report abuse 0Yes this company is next on the agenda. Of course the won't 'nationalise' it until they have to distract the population from some truly bad news, then it'll be a repeat of YPF.
May 09th, 2012 - 10:14 am - Link - Report abuse 0If I was in charge of this company, I'd probably cut my loses and go. The Argentinan people would wake up one morning and realise that they have no phone network. That'd learn 'em.
Would love to know how on earth they can justify such a massive fine for what was only a temporary disruption to service, that was out of the control of the phone company to start with. It's not the phone companies fault they have to export in order to import parts needed for maintain the phone network now is it!!
May 09th, 2012 - 10:36 am - Link - Report abuse 0If i owned that company i would simply pull the plug and pull out of argentina leaving them in the telecommunications dark ages.
Its All Good!
May 09th, 2012 - 10:59 am - Link - Report abuse 0nothing more i like to see than Argenweener heading for Oblivion, Ill drink to that.
KFC: “Our continuous theft-nationalisation of mainly Spanish investments is nothing to do with ideology”
May 09th, 2012 - 11:00 am - Link - Report abuse 0*KFC signs bill to steal-nationalise telefonica*
Like seriously, who the furk believes anything she says?
@5 They can justify it insomuch as they need to drop the share price of the company, so after they've stolen it the tribunal can suggest it's cheaper than it really is.
Just pleased Vodafone decided to give Argentina a wide berth.
May 09th, 2012 - 11:05 am - Link - Report abuse 0@8 Hell yeh.
May 09th, 2012 - 11:31 am - Link - Report abuse 0As a client of Movistar (Telefónica Argentina) I can tell you that I suffered no service cut on 2nd April.
May 09th, 2012 - 01:08 pm - Link - Report abuse 0Now doesn't that date remind me of something?
to sum up: You have money, and we're broke, so we will take what we want with a pitiful excuse.............
May 09th, 2012 - 01:27 pm - Link - Report abuse 0Meanwhile, the transport system with trains whose brakes don't work goes unpunished. Which is worse, Faulty transport system in major need of overhaul, or zero coverage for a few hours due to a non-lethal nor life-threatening technical glitch?
To quote my colleague Dave Lister “What a real Mickey Mouse operation”
@11 It's just a terrible place with it's priorities all upside-down. There's not need to fine Movistar unless they wanted to start to reduce the share price of another business.
May 09th, 2012 - 01:32 pm - Link - Report abuse 0I guess they'll be fining them a lot more in the next few weeks.
Go go my Queen, whether you want to nationalise these slackers or just kick them into shape, we are with you =) Ti amo mi dama de hierro!
May 09th, 2012 - 02:13 pm - Link - Report abuse 012 GreekYoghurt (#)
May 09th, 2012 - 02:18 pm - Link - Report abuse 0May 09th, 2012 - 01:32 pm
The other thing is that we, the clients, will now be scared we're going to lose our service. So we, theoretically will change over to another company thereby forcing down the share values. Kretina and her thugs have thought of everything, but in the end it will be us, the ordinary Argentines who will pay for Kretina's “fiesta”.
Well it wn't be the first time, we've been paying for the Government fiestas since bloody J. D. Perón, we're pretty used to it now, and from the last election results it seems that 36% of the Argentine voters like to be fucked by their Government!!!
we think the spannish navy should sail,
May 09th, 2012 - 02:53 pm - Link - Report abuse 0[just sail ?]
@14 Until Peronism dies, your country will suffer a cyclical death of nonsense. That's just a fact.
May 09th, 2012 - 02:56 pm - Link - Report abuse 0I assume Peronism has only entered Argentine folklore because Argentines muddle it up with the deeds of Eva Peron? I can't think of anything good to say about it or why it has endured so long otherwise.
May 09th, 2012 - 03:11 pm - Link - Report abuse 017 Idlehands (#)
May 09th, 2012 - 04:23 pm - Link - Report abuse 0Absolutely. The whole peronist thing is really creepy. Here's this nasty Nazi who married two whores. One managed to convert herself into a sort of angel to the proletariat by giving them ridiculous presents, motor scooters etc. and pissing away all the money that the country had made during WWII.
The only good thing Peron did was get the vote for women.
The nationalising of the railways was a real victory for peronism. He bought the railways from the Brits and thee French at an exorbitant price at a point in time where they, the railways had reached their useful life span and would have started losing money for the shareholders, brilliant!!!
@18 Seems they didn't invest much in the railways since that point either.
May 09th, 2012 - 06:03 pm - Link - Report abuse 0Argentina. It proves that even if you speak the lingo and act in a friendly way, trying to do business, they will still shi*te on you. This is why they can't be trusted be the rest of the World and lie at 100th place in the World's Corruption Index of Nations. A dead duck economy...
May 10th, 2012 - 12:55 pm - Link - Report abuse 0@20
May 10th, 2012 - 03:05 pm - Link - Report abuse 0All you hear is why the world can't trust Argentina. I accept that.
What is sad is that you never have asked “Why does Argentina not trust YOU?”
May you remain ignorant.
Argentina and trust! not two words I would put together in the same sentence.
May 10th, 2012 - 04:01 pm - Link - Report abuse 0@22
May 10th, 2012 - 06:43 pm - Link - Report abuse 0Keep believing that you or the EU/USA are to be trusted. Poor thing.
$100 billion dollar default, scheming to avoid, lessen or cheat on your debts. Would not by a second hand car from you without first checking with interpol to make sure it wasn't stolen from a Spaniard. Trust is earned, you haven't done the slighest thing in decades to earn it.
May 10th, 2012 - 08:15 pm - Link - Report abuse 0@24
May 11th, 2012 - 12:12 am - Link - Report abuse 0And when exactly did you guys have trust from anyone? Don't you read the news? No one in Europe trust each other.
Certainly no one trust the USA.
For obvious reasons, not the Chinese or Russians or middle easteners.
Argentina is not to be trusted but it is upfront about it, in your face, no games or dissembling. Most of your countries play both sides of the fence. It may work for a while, but when people discover the truth they will never trust again.
Argentina may some day be trusted because of a new form of governing. Europe/USA/Asia will never be trusted because they PRETENDED to be worthy of trust.
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