0
General

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

Monday 29 October 2018 | 11:09 CET | News
Mexican broadcaster and cable operator Grupo Televisa reported total revenues of MXN 25.0 billion in the third quarter of 2018, up 10.5 percent from MXN 22.7 billion a year earlier thanks to solid subscriber figures boosted by the World Cup and a successful new advertising model. However, net profit fell by 2.7 percent year on year to MXN 978 million in the third quarter due in part to the peso's depreciation against the dollar and derivative contracts to cover its 2018 and 2019 interest expenses.

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: General
Companies: Cablevision / Izzi / Sky / 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 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, ...

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, ...

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, ...

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, ...

Mexico's Izzi Telecom taps TiVo for video service

Published 09 Jan 2019 14:35 CET | Mexico
TiVo has announced a contract to provide interactive programme guides (IPG) and entertainment metadata to the video service of ...

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

Published 19 Dec 2018 12:04 CET | Mexico
Mexican broadcaster and cable TV provider Grupo Televisa has announced the acquisition of Axtel's residential FTTH business and ...

Furukawa, Izzi Telecom ink Mexico fibre deal

Published 12 Dec 2018 11:50 CET | Mexico
Cable manufacturer Furukawa Electric has announced a contract to provide optical cables and connectivity accessories to Mexican ...

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 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 ...

America Movil accounts for over 60% of Mexican telecom revenues

Published 23 Aug 2018 12:18 CET | Mexico
America Movil still accounts for over 60 percent of revenues generated by Mexico's telecommunications sector, reports local daily ...

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 mulling cable division spin-off

Published 03 May 2018 13:46 CET | Mexico
Mexican broadcaster and cable operator Grupo Televisa is considering a spin-off of assets including its domestic cable division, ...

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 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 ...

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 ...

Televisa sales fall 4% in Q3, CEO Azcarraga to leave after 20 years

Published 30 Oct 2017 13:33 CET | Mexico
Mexican broadcaster and cable operator Grupo Televisa reported total revenues of MXN 22.8 billion in the third quarter, down 3.8 ...