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Televisa telecom revenues up 44% after cable acquisitions

Tuesday 7 July 2015 | 11:41 CET | News
Mexican media group Televisa reported a 43.8 percent annual increase in its second-quarter revenues from telecoms to MXN 6.91 billion, led by its acquisitions of Cablecom and Telecable. Excluding the takeovers, quarterly sales from its cable and network operations increased by 10.6 percent, thanks to a growing subscriber base for voice and broadband services. Operating profit from the telecom activities rose 55.4 percent to MXN 2.76 billion, including MXN 759 million from Cablecom and Telecable. Excluding the acquisitions, profit was up 12.8 percent. Televisa finished the quarter with a total

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Categories: Fixed
Companies: Sky / Telecable / Televisa
Countries: Mexico
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