Argentina's telecom market is notorious for having languished for years at the mercy of governmental inertia, with fixed telephony rates frozen during 2002-16 and operators hoarse from asking for additional spectrum to be assigned.

This all changed with the election of President Mauricio Macri in 2015, and the creation of new sector regulator Enacom in February 2016.

However, the market reinvention has not been without miss-steps, such as Decree 267 in December 2015 which was a knee-jerk undoing of the Kirchner-Fernández administration's policies and reinstated an old framework not suited to the modern market.

These failings were largely addressed in Decree 1340, passed in December 2016, which promises radical change in the market but also raises some unknowns.

Figure - Peers are Ahead in FTTH


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