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Mexico: Televisa avoids asymmetric regulation in pay TV

By  |  November 16, 2015

Mexico’s telecommunications regulator has ruled that broadcaster Grupo Televisa does not have market power in pay television, meaning the company avoids being hit with new tougher rules.

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    The investigative arm of the Federal Telecommunications Institute provisionally said in March that Televisa did have “substantial market power”, causing its shares to dip at the time.

    But a vote by the IFT board on Wednesday rejected that finding because the company, the world’s largest provider of Spanish-language TV content, has been losing market share, the IFT said in a statement on Friday.

    Last year, as part of a wider sector reform in telecoms and broadcasting, Televisa was declared dominant in the free-to-air TV market, forcing it to allow pay TV rivals to show its free content, among other measures.

    Full content: The Wall Street Journal