Prip! Nextel Argentina Plans Buenos Aires Network Expansion

Patrick Archer competitiveness, foreign investment, technology, us companies

Nextel Argentina, whose 1998 iDEN-enabled phone launch was a game-changer in the BA cellular arena, is launching an ambitious expansion into the Province of Buenos Aires. The company just announced plans to invest $262 million pesos ($67.6 million USD) this year in order to extend Nextel service to the cities of Tandil, Balcarce, Azul and Olavarra. While Balcarce joined the …

Another Social Gaming Roll-Up Centers On Buenos Aires Talent

Patrick Archer creative class, entrepreneurs, foreign investment, technology, us companies

Hot on the heels of acquiring Buenos Aires-based MetroGames for $5 million, California-based Playdom has decided to double down on the local talent pool by purchasing another Buenos Aires game development studio, Three Melons. The San Francisco Chronicle points to the deal as another sign of a “massive roll-up” in the social gaming space involving Playdom and rivals Electronic Arts …

Holy Tourism!: The Buquebus Takes Flight

Patrick Archer arts & entertainment, buenos aires events, competitiveness, foreign investment, tourism, uruguay, us companies

With Holy Week underway, many Argentines are preparing for one last family vacation on the beaches of Uruguay. On the receiving end of the tourist influx and revenue from Argentina and Brazil, Uruguay designates this week as Tourism Week. Seizing the moment and simultaneously injecting some needed competition in the short-haul arena, Buquebus is launching direct air service from Buenos …

HoJo con PoLo: Howard Johnson Goes Upscale in Argentina

Patrick Archer argentina polo, foreign investment, franchises, real estate, us companies

As the wave of new developments and gated communities grows in Buenos Aires, Clarin reports on the simultaneous growth in the number of local projects featuring luxury hotels and resort-style amenities. “The goal is to offer a value-added service to the property owner,” says Clarin, “giving them benefits within the development (assorted discounts) and enhancing the overall comfort level of …

Initial Pampa Offering? El Tejar Weighs Options

Patrick Archer agribusiness, foreign investment, us companies

More Buenos Aires IPO news this week on the heels of yesterday’s post regarding TGLT’s public offering ambitions. Bloomberg BusinessWeek is reporting that BA-based El Tejar is weighing an IPO in New York and taking the necessary steps to be in compliance whenever the mood strikes over the next three years. El Tejar CEO Oscar Alvarado told BBW, “We are …