Mexico regulator wants say on DirecTV, AT&T merger

Tuesday 24 June 2014 | 12:10 CET | News
Mexico's Federal Telecommunications Institute (IFT) has ordered US companies AT&T and DirecTV not to proceed with their merger until they obtain approval from the Unit for Economic Competition of the regulator, reports El Universal. In May, AT&T announced an agreement to acquire all of DirecTV, paying USD 48 billion for the DirecTV operations in the US and Latin America. The companies expect to close the deal in about 12 months. In Mexico, DirecTV operates in partnership with Televisa Group through pay-TV operator Sky Mexico, in which Televisa has 58.7 percent. AT&T pledged to sell its stake

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: General
Companies: DirecTV
Countries: Mexico
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Mexico grants AT&T six-month extension to close DirecTV deal

Published 03 Jun 2015 11:45 CET | Mexico
Mexico's Federal Telecommunications Institute (IFT) has accepted a request from AT&T to be given a further six months to complete ...

Mexico regulator to probe pay-TV market for concentration

Published 12 Sep 2014 12:13 CET | Mexico
Mexico's Federal Telecommunications Institute (IFT) has announced a probe into the country's pay-TV market. This could result in ...

DOJ set to clear AT&T buy of DirecTV - report

Published 26 Aug 2014 09:22 CET | United States
AT&T has agreed with regulators conditions for the clearance of its proposed takeover of pay-TV provider DirecTV, a source close ...

Brazilian regulator approves AT&T-DirecTV deal

Published 22 Jul 2014 21:28 CET | Brazil
Brazilian antitrust agency Cade has approved, without restrictions, AT&T's acquisition of DirecTV. In May, AT&T announced a deal ...

DirecTV introduces NFL football Fantasy Zone channel

Published 07 Jul 2014 20:40 CET | United States
DirecTV has announced the new DirecTV Fantasy Zone channel, a live fantasy football show available exclusively to NFL Sunday ...

America Movil to buy back AT&T stake

Published 30 Jun 2014 08:43 CET | Latin America
America Movil said it has agreed to buy back AT&T's 8.27 percent stake in the company. Its shareholders Inmobiliaria Carso and ...

AT&T expands LTE network in new markets

Published 27 Jun 2014 17:02 CET | United States
AT&T has launched its LTE network in several new markets, including in Anniston-Oxford and Gadsden, Alabama, Bogalusa, Louisiana, ...

AT&T to launch LG G Watch device

Published 26 Jun 2014 22:28 CET | United States
AT&T has announced it will be among the first US carriers to offer the LG G Watch. "A key differentiator of the LG G Watch is ...

AT&T, Alcatel-Lucent launch Connected Bus offering

Published 26 Jun 2014 20:15 CET | United States
AT&T and Alcatel-Lucent Enterprise have partnered to transform the school bus into a classroom on wheels, introducing a Connected ...

AT&T Mobility to acquire spectrum assets of Plateau Wireless

Published 25 Jun 2014 15:22 CET | United States
AT&T Mobility is planning to purchase 40,000 customers, a handful of spectrum licenses and "related operations and assets" of ...

AT&T members step down from America Movil board

Published 27 May 2014 08:53 CET | Mexico
America Movil has announced that Michael Viola and Jeffery Scott McElfresh have resigned from their positions of members of the ...

Anatel sees no restrictions against AT&T-DirecTV deal

Published 20 May 2014 17:23 CET | Brazil
Brazilian regulator Anatel said it sees no reason not to approve the sale of DirecTV to AT&T, although the deal has not come in ...

AT&T agrees DirecTV takeover for USD 48.5 bln

Published 19 May 2014 08:46 CET | United States
AT&T has agreed to acquire the satellite pay-TV provider DirecTV for USD 48.5 billion. The acquisition strengthens its TV ...

Calendar   /   Industry Events

25 Oct Facebook Q3
25 Oct Dtac Q3 2021
25 Oct Calix Q3 2021
26 Oct F5 Networks fiscal Q4
26 Oct Twitter Q3 2021
26 Oct MediaTek Q3
26 Oct Microsoft fiscal Q1
26 Oct SK hynix Q3
26 Oct Orange group Q3 2021
26 Oct Siminn Q3 2021
26 Oct KPN Q3 2021
26 Oct NENT Q3 2021
26 Oct Juniper Networks Q3 2021
26 Oct Corning Q3
26 Oct TIM Brasil Q3 2021
26 Oct Alphabet Q3 2021
26 Oct Digital Realty Q3
26 Oct MWC Los Angeles
26 Oct Samsung Developer Conference
26 Oct Cabsat
26 Oct FCC meeting
27 Oct Vertiv Q3
27 Oct Netgear Q3
27 Oct Megacable Q3
27 Oct Twilio Q3
27 Oct Telefonica Deutschland Q3 2021
27 Oct TIM Q3 2021
27 Oct Spotify Q3 2021
27 Oct Android Dev Summit
27 Oct Digital Utilities Europe 2021
::: More Calendar Items