Business Services Industry

Cisneros to launch AOL internet services in Chile.

South American Business Information, March, 2004

Chile, Mar 17, 2004 (El Diario/SABI via COMTEX)

Gustavo Cisneros, CEO of Cisneros, the Venezuela-based media conglomerate, who is in Chile for the launch of his book "Gustavo Cisnero: a global entrepreneur", has said that Cisneros is interested in expanding its television business in Chile and that it is looking for new opportunities in the country, including the acquisition of local television companies such as Catolica (Channel 13) or Nacional (TVN). The group currently owns Ibero American Radio Chile and local television channel Chilevision through its subsidiary Claxson Interactive Group. Mr. Cisneros has also said that the group is planning to begin providing internet services in Chile through AOL in the first quarter of 2004 and to establish a regional...

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