Fri, Jan. 9, 5:00 AM
- Mexican broadcaster Grupo Televisa (NYSE:TV) has completed the sale of its 50% stake in mobile operator Iusacell to JV partner Grupo Salinas, clearing the way for AT&T (NYSE:T) to acquire the cellphone company.
- Televisa used some of the proceeds from the $717M sale to buy Mexican cable company Cablevision Red, a regional operator with around 650K subscriptions, for about 3B pesos ($204M).
- Previously: AT&T receives approval for Iusacell deal (Dec. 22 2014)
Sep. 11, 2014, 6:43 AM| Comment!
Jun. 16, 2014, 9:00 AM| Comment!
TV vs. ETF Alternatives
Other News & PR