Financial terms of the deal were not disclosed. The agreement gives TCI the option to boost its investment to 80 percent.
TCI, the largest U.S. cable systems operator, made the purchase through TCI International Holdings, one of its four subsidiaries.
``This is a key investment for TCI,'' Fred Vierra, chief executive officer of TCI International, said Tuesday. ``Cable television is well established and accepted by Argentine consumers.''
TCI's other overseas investments include TeleWest, a British telephone and cable venture with phone company U S West Inc. TCI also plans to provide cable TV in Japan.
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