0
Video

Televisa mulling cable division spin-off

Thursday 3 May 2018 | 13:46 CET | News
Mexican broadcaster and cable operator Grupo Televisa is considering a spin-off of assets including its domestic cable division, reports Reuters, citing company executives. The company is still assessing the possibility and will likely conclude the decision-making process this year, revealed Televisa executives in a conference call with analysts. Grupo Televisa owns brands including Izzi Telecom, Cablevision, Telecable and Cablecom and recently reported total revenues of MXN 22.8 billion in the first quarter of 2018, up 3.9 percent on the year-earlier result.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. 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: Broadcast & Satellite
Companies: Cablevision / Izzi / Telecable / Televisa
Countries: Mexico
::: add a comment

Add 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

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, ...

Televisa taps Edgeware for TV CDN expansion

Published 09 Nov 2018 11:28 CET | Mexico
Video streaming specialist Edgeware has announced a contract to help Mexican cable TV operator Televisa expand its existing ...

Mexico's IFT renews Televisa, TV Azteca concessions

Published 07 Nov 2018 11:26 CET | Mexico
Mexico's Federal Institute of Telecommunications (IFT) has announced that its board renewed concessions for the operation of a ...

Mexico's Televisa to produce Netflix original content next year

Published 01 Nov 2018 11:02 CET | Mexico
Over two years after removing all Netflix content from its Blim OTT platform, Mexican broadcaster Grupo Televisa is set ...

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, ...

Mexico's Televisa triples profit in Q2 on World Cup boost, Imagina sale

Published 11 Jul 2018 11:09 CET | Latin America
Mexican broadcaster and cable operator Grupo Televisa reported total revenues of MXN 26.7 billion in the second quarter of 2018, ...

Televisa sales up 4% in Q1, profit plunges on forex effects

Published 01 May 2018 10:39 CET | Mexico
Mexican broadcaster and cable operator Grupo Televisa reported total revenues of MXN 22.8 billion in the first quarter of 2018, ...

Televisa rebrands Unicable pay-TV channel

Published 24 Apr 2018 11:06 CET | Latin America
Mexican broadcaster Grupo Televisa has announced a major revamp of its Unicable pay-TV channel. The network is now called "U" and ...

Televisa latest Mexican operator to launch fixed-wireless LTE

Published 19 Apr 2018 13:50 CET | Mexico
Mexican broadcaster Grupo Televisa has become the latest local operator to launch a fixed-wireless broadband service for ...

IFT confirms annulment of Televisa dominant player decision

Published 26 Mar 2018 09:23 CET | Mexico
Mexican broadcaster Grupo Televisa announced that the country's telecommunications regulator IFT has annulled its 2017 decision ...

Televisa sells 50% stake in home shopping channel

Published 14 Mar 2018 09:29 CET | Mexico
Mexican broadcaster Grupo Televisa has announced an agreement to sell its 50 percent stake in Televisa CJ Grand, a joint venture ...

Televisa planning to use Red Compartida to offer internet

Published 26 Feb 2018 12:11 CET | Mexico
Mexican broadcaster Grupo Televisa is in talks to connect to the country's wholesale 4G shared network (Red Compartida) with a ...

Televisa, Amazon sign multi-series LatAm content creation deal

Published 23 Feb 2018 10:01 CET | Latin America
Mexican broadcaster Grupo Televisa has announced an agreement with Amazon to produce original Spanish-language content for ...

Mexico's Televisa consolidates pay-TV lead in Q2

Published 11 Jan 2018 10:46 CET | Mexico
Mexican broadcaster Grupo Televisa continues to dominate the local pay-TV market, accounting for 60.6 percent of the country's ...