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

Mexico's TV Azteca Plans To Offer Telecom Services In Colombia

MEXICO CITY -(Dow Jones)- Mexican media company TV Azteca SAB (AZTECA.MX) said Monday it won a bid to build and operate a fiber-optic network in Colombia that will enable it to offer telecommunications services there. TV Azteca didn't disclose how much it plans to invest in Colombia, although the company said in a statement to the Mexican Stock Exchange that the Colombian government will inject about $230 million toward building the network. The network will cover close to 80% of Colombia--753 municipalities and 40 million residents, the company said. TV Azteca is controlled by Mexican billionaire Ricardo Salinas, who also owns Mexican wireless operator Grupo Iusacell, which has around 4 million subscribers. "The Colombian government applies with great certainty a subsidy in order to assure that the most important services for access to the super-highway of information are within reach of all, especially those most in need, at accessible prices via the efficient operations of a competitive company," Salinas said in the statement. Salinas will face off in Colombia with two companies he already competes with in Mexico, wireless giants America Movil SAB (AMX) and Movistar, a unit of Spain's Telefonica SA (TEF, TEF.MC). In the case of America Movil, Latin America's largest wireless operator and part of Mexican billionaire Carlos Slim's vast empire, Colombia is the carrier's third-largest wireless market after Mexico and Brazil. TV Azteca hopes the incursion into Colombia will help it diversify its revenue stream, thus spurring growth and complementing its TV content development and transmission services. Salinas agreed earlier this year to sell a 50% stake in Iusacell to Mexican media firm Grupo Televisa SA de CV (TV, TLEVISA.MX) for $1.6 billion. --By Amy Guthrie, Dow Jones Newswires;

Stock News for Telvisa (TV)
03/09/201716:32:14Report of Foreign Issuer (6-k)
03/09/201710:20:00Results of IFT Biannual Preponderance Review of the Broadcasting...
03/02/201717:30:06Report of Foreign Issuer (6-k)
03/02/201710:01:00Existence of Substantial Power in the Market of Restricted Television...
02/27/201716:22:23Report of Foreign Issuer (6-k)
02/23/201717:25:30Report of Foreign Issuer (6-k)
02/22/201721:56:00Grupo Televisa Announces Results for Fourth Quarter and Full...
02/10/201717:14:08Schedule 13g
02/06/201715:58:32Amended Statement of Ownership (sc 13g/a)
01/17/201712:10:09Report of Foreign Issuer (6-k)
01/17/201709:43:00Televisa AND Univision Strengthen and Expand their Relationship...
01/04/201717:22:19Report of Foreign Issuer (6-k)
11/17/201615:00:00Mexico Lifts Rates Amid Peso's Fall, Trump's Rise
10/27/201618:00:00Grupo Televisa Announces Results for 3rd Quarter 2016
07/15/201609:15:21Confidential Treatment Order (ct Order)
07/08/201615:25:52Report of Foreign Issuer (6-k)
07/08/201606:55:17Report of Foreign Issuer (6-k)
07/08/201606:04:43Amended Annual and Transition Report (foreign Private Issuer...
07/06/201609:27:35Report of Foreign Issuer (6-k)
07/05/201608:10:00Morning Briefing on Broadcasting - TV Stocks -- Grupo Televisa...

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 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations