Mexico’s dominant broadcaster Televisa has secured clearance for its proposed plans to share infrastructure with rivals as the nation looks to prevent any abuses of power, say reports.
The federal telecommunications watchdog, the IFT, said Tuesday that it has approved of Televisa’s offer, allowing the company to avoid penalties associated with controlling more than half of the broadcast market. Through the deal competitors will be allowed to access Televisa’s towers, masts, equipment and other infrastructure.
But the proposal is only part of Mexico’s crackdown on dominant companies. Televisa will have to make further concessions since authorities declared the company dominant in the broadcasting industry, part of telco reforms signed into law last year that looks to rein in the power of Televisa, as well as wireless and fixed-line leader America Movil.
Full content: Reuters
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