0
Broadband

Televisa acquires part of Axtel's fibre business for MXN 4.7 bln

Wednesday 19 December 2018 | 12:04 CET | News
Mexican broadcaster and cable TV provider Grupo Televisa has announced the acquisition of Axtel's residential FTTH business and related assets in Mexico City, Zapopan, Monterrey, Aguascalientes, San Luis Potosi and Ciudad Juarez for a total of MXN 4.71 billion. The assets include 553,226 revenue generating units, consisting of 97,622 video, 227,802 broadband, and 227,802 voice RGUs. Televisa added that revenues associated with these assets came to MXN 1.9 billion over the period dating from Q3 2017 to Q3 2018, with income at around MXN 631 million.

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.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Axtel / Televisa
Countries: Mexico
::: add a comment
This article is part of dossier

Fibre


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.


Related

Axtel revenues fall to MXN 2.8 bln in Q1, sale on hold

Published 26 Apr 2021 11:31 CET | Mexico
Mexican operator and ICT services provider Axtel reported revenues of MXN 2.8 billion in the first quarter of 2021, down from MXN ...

Mexico's Axtel posts 9% revenue fall in Q4

Published 12 Feb 2021 10:27 CET | Mexico
Mexican operator and ICT services provider Axtel reported revenues of MXN 3.1 billion in the final quarter of 2020, flat ...

Zubiran steps down as MD of Mexico's Axtel

Published 25 Jan 2021 11:35 CET | Mexico
Mexican operator and ICT services provider Axtel announced the start of a process to find a replacement for its managing director ...

Izzi poised to complete migration of Axtel FTTH clients

Published 08 Dec 2020 10:37 CET | Mexico
The Izzi brand of Mexican broadcaster Grupo Televisa announced that it will complete the migration of Axtel's fibre-optic ...

Televisa declared dominant player in 35 Mexican localities

Published 30 Nov 2020 11:49 CET | Mexico
Mexican broadcaster Grupo Televisa announced that the country's telecommunications regulator IFT declared that the company has ...

Axtel revenues flat at MXN 3 bln in Q3, Alfa to sell remaining units

Published 19 Oct 2020 12:38 CET | Mexico
Mexican operator and ICT services provider Axtel reported revenues of MXN 3.1 billion in the third quarter of 2020, flat year on ...

Televisa revenues up 5% on cable growth in Q4

Published 24 Feb 2020 15:08 CET | Mexico
Mexican broadcaster and cable operator Grupo Televisa reported total revenues of MXN 28.0 billion in the fourth quarter of 2019, ...

Axtel revenues up 7% to MXN 3.4 bln, starts operating under Infra and Services units

Published 13 Feb 2020 14:26 CET | Mexico
Mexican operator and ICT services provider Axtel reported revenues of MXN 3.39 billion in the fourth quarter, up around 7 percent ...

Televisa sales up 3% in Q3, profit down 23% on higher costs

Published 28 Oct 2019 14:35 CET | Mexico
Mexican broadcaster and cable operator Grupo Televisa reported total revenues of MXN 25.8 billion in the third quarter of 2019, ...

Axtel Q3 sales up 1% to MXN 3.2 bln, cuts debt by a quarter

Published 21 Oct 2019 11:34 CET | Mexico
Mexican operator and ICT services provider Axtel reported revenues of MXN 3.17 billion in the third quarter, up around 1 percent ...

Televisa Q2 revenues down 9% to MXN 24.3 bln, profit plunges on reduced ad sales

Published 11 Jul 2019 12:13 CET | Mexico
Mexican broadcaster and cable operator Grupo Televisa reported total revenues of MXN 24.3 billion in the second quarter of 2019, ...

Axtel sells part of fibre business to Megacable for MXN 1.15 bln

Published 03 May 2019 09:28 CET | Mexico
Mexican operator and ICT services provider Axtel has reached an agreement to sell part of its residential fibre business in ...

Televisa sales up 3% in Q1, profit falls on govt ad cuts

Published 30 Apr 2019 15:12 CET | Central America
Mexican broadcaster and cable operator Grupo Televisa reported total revenues of MXN 23.4 billion in the first quarter of 2019, ...

Axtel to separate operations into infrastructure and services units

Published 29 Apr 2019 10:52 CET | Mexico
Mexican operator and ICT services provider Axtel followed the publication of its quarterly financial report by announcing plans ...

Axtel Q1 sales up 3% to MXN 3.1 bln following asset sales

Published 24 Apr 2019 11:08 CET | Mexico
Mexican operator and ICT services provider Axtel reported revenues of MXN 3.15 billion in the first quarter, up around 3 percent ...

Televisa, Univision to merge sports divisions

Published 04 Apr 2019 11:57 CET | Mexico
Spanish-language broadcasters Televisa and Univision have announced a strategic alliance to combine their respective sports ...

Televisa Q4 revenues up 0.3% to MXN 10.6 bln, profit plummets on lower ad sales

Published 22 Feb 2019 10:03 CET | Mexico
Mexican broadcaster and cable operator Grupo Televisa reported total revenues of MXN 10.6 billion in the fourth quarter of 2018, ...

Axtel Q4 sales down 3.4% YoY to MXN 3.5 bln, profit up to MXN 1.2 bln

Published 14 Feb 2019 11:53 CET | Mexico
Mexican operator and ICT services provider Axtel reported revenues of MXN 3.45 billion in the fourth quarter, down 3.4 percent ...

Mexico's Televisa added to 2019 Bloomberg gender equality index

Published 28 Jan 2019 14:11 CET | Mexico
Mexican pay-TV giant Televisa has announced its inclusion in the Bloomberg Gender-Equality Index (GEI) measuring gender equality ...

Mexican watchdog to probe Televisa-Axtel fibre deal

Published 17 Jan 2019 11:32 CET | Mexico
Mexico's telecommunications regulator IFT is looking into the acquisition of Axtel's residential FTTH business by pay-TV giant ...

Axtel pays off bank loan

Published 27 Dec 2018 10:49 CET | Mexico
Mexican operator Axtel announced that it has paid off early part of its bank loan, for MXN 4.35 billion. It used the proceeds ...

Televisa's Blue Telecomm offering pay-TV and broadband packages

Published 29 Nov 2018 15:45 CET | Mexico
Mexican broadcaster Grupo Televisa has launched new packages combining the fixed-wireless broadband service offered under its new ...

Televisa sales up 10.5% in Q3, profit dips on rising costs

Published 29 Oct 2018 11:09 CET | Mexico
Mexican broadcaster and cable operator Grupo Televisa reported total revenues of MXN 25.0 billion in the third quarter of 2018, ...

Axtel Q3 sales rise 2% to MXN 3.83 bln

Published 16 Oct 2018 11:42 CET | Mexico
Mexican operator and ICT services provider Axtel reported revenues of MXN 3.83 billion in the third quarter, up 2 percent year on ...

Mexico's Axtel tops Ookla fixed network speed ranking in H2

Published 20 Sep 2018 11:21 CET | Mexico
Mexican operator Axtel has been named the fastest fixed broadband provider in the country in the first 6 months of 2018, ...

Televisa subsidiaries sign deals to use Red Compartida

Published 06 Sep 2018 11:31 CET | Mexico
Several subsidiaries of Mexican pay-TV giant Televisa have signed service deals to use the country's 'Red Compartida' wholesale ...





Calendar   /   Industry Events

11 May Small Cells World Summit
13 May BT FY results
13 May Inwit Q1 2021
13 May Telefonica Q1 2021
13 May Alibaba Group Q1
13 May Poly fiscal Q4
13 May DZS investors day
14 May Japan Display FY results
14 May Telesat Q1
14 May Digi Communications Q1 2021
14 May Sohu.com Q1 2021
14 May Sogou Q1 2021
17 May Minim Q1 2021
17 May World Telecommunication and Information Society Day
18 May Iliad Q1 2021
18 May Vodacom FY results
18 May Vodafone FY results
18 May iQiyi Q1
18 May Baidu Q1 2021
18 May MTS Q1 2021
18 May Google I/O
19 May Analog Devices Q2
19 May TIM Q1 2021
19 May Cisco fiscal Q3
19 May Qualcomm 5G Summit
20 May Nkom 2020 telecoms statistics
20 May Poly investors day
20 May Deutsche Telekom Capital Markets day
20 May Shaw EGM on Rogers merger
20 May Telefonica Deutschland AGM
::: More Calendar Items