Grupo Televisa SA (TV) recently suffered a major setback as a Mexican tribunal questioned the country's telecom regulator's favorable judgement regarding Televisa's monopolistic prowess.
Last week has been pretty eventful for the telecom industry.
America Movil SAB (AMX) has decided to launch a Mexican language TV channel in the U.S. named Nuestra Vision.
Grupo Televisa S.A. (TV) is likely to gain significantly from its ownership stake in U.S. broadcaster Univision Communications Inc.
Grupo Televisa S.A. (TV) recently secured authorization from the FCC to own up to 40% of U.S. Spanish-language TV network Univision Inc.'s voting stock and up to 49% of its common shares.
Comcast Corp. (CMCSA) and Charter Communications Inc. (CHTR) recently decided to extend negotiations to find an agreeable solution regarding the existing carrier deal, which has ended on Dec 31, 2016.
According to a recent report by The Competitive Intelligence Unit, the Mexican telecommunications sector is set to end 2016 with overall revenues of MXN 445.3 billion, up 2.1% year-over-year.
Telmex, the fixed-line telephone subsidiary of the Mexican telecom giant America Movil SAB (AMX) has been granted extended validity for its concession by the Mexican telecom regulator.
America Movil SAB (AMX) has entered into an agreement with its closest rival Telefonica SA (TEF) to offer nationwide mobile roaming service to the latter.
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Mexican telecom regulator -- Federal Telecommunications Institute (IFT) -- recently reaffirmed that the conversion of analog TV signals to digital signals across the nation, will be completed by the end of this year.
Grupo Televisa (TV) reported mixed financial results in the third quarter of 2016 where the bottom line lagged the Zacks Consensus Estimate, the top line improved on a year-over-year basis.
Last week has been quite unappealing for the telecom sector with large operators losing ground. This was primarily attributed to the not so impressive performance of these telecom firms in the third quarter of 2016.
Grupo Televisa S.A.B. is slated to report third-quarter 2016 results, after market close on Oct 27.
Mexican telecom behemoth America Movil SAB (AMX) recently announced that its wireless division -- Telcel -- has received a notification from the country's telecom regulator, the IFT.