Investment fund Fintech in talks for Telecom Argentina stake

BUENOS AIRES Fri Nov 8, 2013 8:36am EST

BUENOS AIRES Nov 8 (Reuters) - Investment fund Fintech is in talks with Telecom Italia to buy a controlling stake in Telecom Argentina, said a spokesman for Argentina's media regulator on Friday.

Telecom Italia earlier said it had received a $1 billion offer for its 22.7 percent stake in its Argentine affiliate, without identifying the bidder.