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

Upcoming Events

Poll

Which area will be most profitable for investment banks in LatAm in 2016?

Vote    




Popular Searches