ADVFN - Advanced Financial Network.
HOME» NYSE » T » TV Stock Price » TV Stock News

Telvisa Share News

 Grupo Televisa, S.a. Stock Price
TV Stock Price
 Grupo Televisa, S.a. Stock Chart
TV Stock Chart
 Grupo Televisa, S.a. Stock News
TV Stock News
 Grupo Televisa, S.a. Company Information
TV Company Information
 Grupo Televisa, S.a. Stock Trades
TV Stock Trades

Mexican Cable Company Megacable Inks Wireless Deal With Telefonica

MEXICO CITY -(Dow Jones)- Megacable Holdings SAB (MEGA.MX), one of Mexico's biggest cable TV companies, said Wednesday that it has signed an agreement to sell the wireless services of Spain's Telefonica SA (TEF) to its clients. In a joint press release, Megacable said it will start selling mobile telephony in the main cities within its coverage area by the end of the year. Megacable, which has over 1.7 million cable TV subscribers in more than 200 communities, ranks as one of Mexico's largest providers of "triple play," as the bundling of phone, broadband and pay-TV services is known. For Telefonica Mexico, the country's No. 2 mobile operator with 18.7 million subscribers, the deal will allow it to reach more subscribers. Competition is heating up in Mexico's telecommunications industry as carriers seek to offer phone, TV, and data services over both wireless and fixed-line networks. Earlier this month, local media giant Grupo Televisa SAB (TV) and its partner Nextel Mexico, a subsidiary of NII Holdings Inc (NIHD) and the smallest of Mexico's four mobile operators, won a nationwide wireless license in a government-sponsored auction. The two companies plan to offer 3G wireless services such as high-speed Internet starting in the second half of next year that will complement the triple-play packages that Televisa already sells through its cable TV subsidiaries. Telefonica Mexico has started to sell 3G services after winning wireless spectrum in two auctions this year. As a result, incumbent phone companies controlled by Mexican billionaire Carlos Slim face the biggest challenge to their dominance since the telecoms sector was opened to competition in the 1990s. America Movil SAB (AMX), Latin America's biggest mobile operator, has a market share by subscribers of about 70%, while Telefonos de Mexico SAB (TMX) owns about 80% of the country's fixed phone lines. Megacable's CPO shares rose 2.4% to close at 31.63 pesos ($2.43) on Wednesday. -By Ken Parks, Dow Jones Newswires; 52-55-5980-5177, ken.parks@dowjones.com

Stock News for Telvisa (TV)
DateTimeHeadline
07/02/201513:35:50Report of Foreign Issuer (6-k)
07/02/201512:02:02Televisa, Univision to Extend Agreements as U.S. Network Plans...
07/02/201506:30:00Univision and Grupo Televisa Strengthen Strategic Relationship
06/15/201514:36:12Report of Foreign Issuer (6-k)
06/10/201507:30:00REPEAT/Gabelli & Company’s 7th Annual Movie & Entertainment C...
05/27/201507:00:00REPEAT/Gabelli & Company’s 7th Annual Movie & Entertainment C...
05/08/201510:27:21Report of Foreign Issuer (6-k)
05/07/201514:27:12Report of Foreign Issuer (6-k)
05/06/201507:00:00Gabelli & Company’s 7th Annual Movie & Entertainment Conference
05/04/201510:27:43Grupo Televisa SAB Upgraded to "Hold" at Zacks (TV)
04/30/201516:13:54Report of Foreign Issuer (6-k)
04/29/201516:52:35Annual and Transition Report (foreign Private Issuer) (20-f)
04/29/201511:47:32Report of Foreign Issuer (6-k)
04/28/201506:41:30Grupo Televisa SAB Price Target Raised to $40.00 (TV)
04/27/201514:13:31Report of Foreign Issuer (6-k)
04/22/201510:41:01Report of Foreign Issuer (6-k)
04/21/201510:21:22Report of Foreign Issuer (6-k)
04/16/201517:30:49Report of Foreign Issuer (6-k)
03/03/201513:32:42Report of Foreign Issuer (6-k)
02/27/201514:53:37Report of Foreign Issuer (6-k)

Telvisa and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad