Televisa to spend up to USD500 million on triple-play

1 Nov 2006

Mexican broadcaster Grupo Televisa plans to invest between USD250 million and USD500 million in rolling out triple-play services over the next three years, according to BNamericas quoting TelcosIT. Televisa, which wholly owns Mexico City-based cable TV provider Cablevisión, says it is on the look out for acquisitions and partnership deals with telephony and internet service providers to take advantage of recently passed new laws enabling companies to provide a full portfolio of voice, internet and TV services. The group has previously stated it would invest as much as USD280 million in Cablevisión’s rollout of telephony services, and is in the process of acquiring Monterrey-based cable TV and internet provider Televisión Internacional (TVI) for USD70 million.

According to TeleGeography’s GlobalComms database, on 4 October the Secretario de Comunicaciones y Transportes (SCT) updated the country’s telecoms legislation to allow for the launch of the country’s first true triple-play services. It has given Cofetel 75 days to draft interconnection regulations for cable TV operators and phone companies, and amend operating concessions to provide for the provision of additional services. Cofetel must also to decide whether operators should be charged for their entry to a new market.

Mexico, Cablevision (Izzi)