This deal pitted him "in opposition to the cell-cellular phone business of Carlos Slim in South America's second-greatest economic system" and "expanded Martínez's bets over and above holdings for example cable property and Argentina's sovereign debt as he seeks to take advantage of escalating World wide web and video clip use on mobile devices."[twelve]
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A The Wall Avenue Journal report, released on November ten, 2013, described Martínez's decision to speculate in Argentina "an uncommon call," given that "Argentina has long been a cautionary tale For most investors considering the fact that its 2001 default on $a hundred billion in sovereign institutional financial solutions financial debt" and that its past two presidents, Néstor Kirchner and Cristina Kirchner, had "consistently absent mano a mano with big organization," nationalizing an oil business and trying to get to power the Clarin media group to interrupt up its enterprise.
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" He shortly resolved, nonetheless, that he didn't have a clerical vocation, and alternatively attained a mortgage from a colleague's father in order to examine at Harvard Business enterprise School. There he excelled like a scholar, made crucial connections, and acquired an MBA.