0
Video

Televisa sales up 8.6% in Q4, profit down 59%

Tuesday 7 March 2017 | 11:16 CET | News
Mexican broadcaster and cable operator Grupo Televisa reported total revenues of MXN 27.3 billion in the fourth quarter, up 8.6 percent on the year-earlier result, driven by a 9.8 percent rise in cable revenues. However, the company's quarterly profit fell over 59 percent rise to MXN 643 million in the October to December period due to higher financial and an extraordinary gain in the year earlier period, when its net profit was MXN 1.6 billion. For the full year, Televisa reported revenues of MXN 96.3 billion, up 9.4 percent compared to 2015 thanks in part to an 11.9 percent rise in cable

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: Broadcast & Satellite
Companies: 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

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 ...

Mexico's supreme court to rule on Televisa dominant status

Published 08 Dec 2017 10:29 CET | Mexico
Mexico's supreme court will finally rule on whether the country's telecom regulator IFT may impose assymetric measures on ...

Mexico tops LatAm pay-TV affordability ranking

Published 09 May 2017 15:56 CET | Latin America
Mexico is by far the most affordable country in Latin America for pay-TV services, according to a study from the Competitive ...

Televisa Q1 sales up 2%, profit soars on currency gains

Published 27 Apr 2017 10:22 CET | Mexico
Mexican broadcaster and cable operator Grupo Televisa reported total revenues of MXN 22.2 billion in the first quarter, up 2.0 ...

Mexico's Televisa reaches deal to air Chivas games

Published 19 Apr 2017 10:56 CET | Mexico
Mexican pay-TV giant Televisa has reached an agreement to once again broadcast the games of Mexican football team Club Deportivo ...

Mexico's Televisa acquires 50% of popular news site

Published 21 Mar 2017 10:32 CET | Mexico
Mexican broadcaster and cable operator Grupo Televisa has announced the acquisition of 50 percent of popular news site SDP ...

Mexico's IFT imposes new dominant agent rules on Televisa

Published 10 Mar 2017 11:22 CET | Mexico
Shortly after ordering a "functional separation" of Telmex's fixed line retail and wholesale divisions, Mexico's telecom ...

Mexico's Amedi calls for strong measures against Televisa

Published 07 Mar 2017 10:52 CET | Mexico
The Mexican association for the right to information Amedi has called on communications regulator IFT to take efficient and ...

Televisa to appeal against IFT's dominant player declaration

Published 03 Mar 2017 11:20 CET | Mexico
Mexican broadcaster Grupo Televisa has pledged to appeal against a ruling by telecom regulator IFT that it has substantial power ...

IFT declares Televisa dominant player in pay-TV - report

Published 01 Mar 2017 09:09 CET | Mexico
A plenary session of Mexico's telecom regulator IFT has declared by six votes to one that broadcaster Grupo Televisa does have ...

Court dismisses Televisa dominant player ruling - report

Published 20 Jan 2017 09:25 CET | Mexico
A Mexican court has dismissed a ruling that declared broadcaster Grupo Televisa did not have substantial power in the pay-TV ...

Mexico's Televisa allowed to up Univision stake to 49%

Published 05 Jan 2017 10:27 CET | United States
The US Federal Communications Commission has approved a petition from Mexican media conglomerate Grupo Televisa to increase its ...

IFT allows Televisa to switch DTT frequencies

Published 23 Dec 2016 15:11 CET | Mexico
Mexico's communications regulator IFT has authorised Grupo Televisa subsidiary Televimex to switch six of the frequencies it was ...

Televisa sales up 6.6% in Q3, profit plummets 80%

Published 28 Oct 2016 09:08 CET | Mexico
Mexican broadcaster and cable operator Grupo Televisa reported revenues of MXN 23.7 billion in the third quarter, up 6.6 percent ...

Mexico's Izzi applies 4% price hike due to peso fall

Published 12 Oct 2016 15:54 CET | Mexico
Mexican triple play operator Izzi Telecom, owned by media conglomerate Televisa Group, has applied an average price hike of 4 ...

Mexico's Megacable cancels six more Televisa channels

Published 03 Oct 2016 14:22 CET | Mexico
Mexican pay-TV operator Megacable has announced that it will no longer broadcast six Televisa Networks channels after the ...





Calendar   /   Industry Events

27 Oct GSMA Thrive North America
28 Oct Telecoms World Asia 2020
29 Oct Swisscom Q3 2020
29 Oct Hrvatski Telekom Q3 2020
29 Oct Comcast Q3 2020
29 Oct Veon Q3 2020
29 Oct NTT Docomo fiscal Q2
29 Oct Fortinet Q3 2020
29 Oct Corning Q3 2020
29 Oct Spotify Q3 2020
29 Oct CyrusOne Q3 2020
29 Oct Alphabet Q3 2020
29 Oct Digital Realty Q3 2020
29 Oct Orange Q3 2020
29 Oct Nokia Q3 2020
29 Oct BT fiscal Q2
29 Oct Twitter Q3 2020
29 Oct Altice USA Q3 2020
29 Oct Poly fiscal Q2
29 Oct HKBN FY results
29 Oct Motorola Solutions Q3 2020
29 Oct Amazon Q3
29 Oct Ribbon Communications Q3
29 Oct Dasan Zhone Q3
29 Oct Teleste Q3 2020
29 Oct Apple fiscal Q4
29 Oct Facebook Q3 2020
29 Oct Telesat Q3 2020
29 Oct Tucows Q3 2020
29 Oct Samsung Electronics Q3 2020
29 Oct Facebook Q3 2020
29 Oct Telefonica Q3 2020
30 Oct MediaTek Q3
30 Oct KDDI fiscal Q2
30 Oct Shaw Communications fiscal Q4
30 Oct Charter Communications Q3 2020
30 Oct Rovio Q3 2020
30 Oct Millicom Q3 2020
30 Oct Proximus Q3 2020
30 Oct Tecnotree Q3 2020
::: More Calendar Items