On Wednesday, we returned to our agenda of business meetings for two appointments – first we went to the headquarters of the telecommunications giant, Telefonica de Argentina, and then to Ernst and Young, the international accounting and consulting firm.
Our host at Telefonica was Mariana Laurence, of their Strategy and Regulations organization. Her presentation told the story of strategic business and technology growth in a newly deregulated market. Based in Spain, Telefonica entered Argentina in 1990 at the time of deregulation, and it has continued to expand its presence in both fixed and mobile markets. As someone whose industry experience has been in telecommunications, I was especially impressed with the breadth and depth of her knowledge and presentation. The story that she shared certainly is an excellent example of a company that strategically and successfully entered a new market at a critical and unique historical moment in such a way that both the company and the country together built and developed a critical business and technology infrastructure.
Our next visit was to Ernst and Young, the global professional services firm (and one of the “big Four” auditing firms)that is headquartered at (our home in) New York. After a company and recruiting overview, Fernando Pachi and Rodolfo Papa gave us a comprehensive and impressive country briefing on Argentina’s business trends and opportunities and its capital markets and Mergers and Acquisitions possibilities. Again, this was quite useful to our teams, as they continue to prepare for their project and assignment.
And the evening was a time for:
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