Thursday, December 18, 2014

GrupoTelevisa Strengthens in US Spanish Pay-TV Market

GrupoTelevisa, S.A.B. (TV - Analyst Report) commands a very strong position in the Mexican pay-TV market. The company’s goal is to create a Spanish language-based media domain in the North American market, comprising broadcast, Internet, publishing, and live events.

The pay-TV market in Mexico is vastly untapped. Several industry researchers have estimated that the pay-TV penetration has reached hardly 50% in the country, reflecting massive opportunity for future growth. Televisa’s Cable & Telecom service, which offers bundled triple-play video, data and telephony services, may become a significant revenue generator.

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