Mexican media conglom Televisa is ramping up its cable biz, as it prepares to unroll triple-play platforms and explore acquisitions in Mexico and elsewhere in Latin America.
On Wednesday, web said the government had granted Televisa subsid Cablevision a license to offer telephone services in the Mexico City area. Televisa says it could roll out services as early as this summer and begin competing against its erstwhile business partner and dominant telco Telmex.
Televisa has invested heavily in upgrading its cable system to digital and recently added video-on-demand to existing cable and Internet services. Cablevision had around 514,000 subs, with 107,000 Internet clients.
Televisa is angling to receive regulatory approval to buy stakes in Mexico’s second biggest cable provider Cablemas and Monterrey-based cabler TVI. Web is also rumored to be in talks with Spanish telco Telefonica to acquire Central American cabler Amnet.