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Mexico Blocks Televisa Deal with Iusacell

Feb 3, 2012

Mexican regulators have decided against approving multimedia company Televisa’s purchase of a 50% stake in wireless provider Iusacell, in a deal valued at $1.6bn. The companies reached an agreement in April 2011 as a way to...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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