Creating and distributing additional copies is prohibited without the permission of the publisher. Contact subscriptions@latinfinance.com.

Televisa Takes Mexican Wireless Stake

Feb 16, 2010

Broadcaster Televisa hopes to bring quadruple play to Mexican consumers after buying a 30% equity stake in wireless provider Nextel Mexico for $1.44bn in cash, while taking an option on an additional 7.5%. Televisa said Monday it is making an initial investment of $1.14bn with the remainder in 3 equal annual installments. “There are significant synergies between Nextel Mexico’s wireless offerings and...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial



LatinFinance Events

Poll

Are populist governments like Venezuela & Argentina turning pragmatic?

Vote