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Televisa considers cable purchases, wireless partner

Bloomberg News

Grupo Televisa, the world's largest Spanish-language broadcaster, wants to increase its cable TV holdings and may seek a partner to buy wireless airwaves for mobile high-speed Internet service.

Televisa, which controls three cable operators and the Sky satellite-TV service in Mexico, also may apply for licenses to become a second cable carrier in Mexican markets that already have a provider, Executive Vice President Alfonso de Angoitia said Friday on a conference call.

Televisa is using pay-TV acquisitions to boost growth as the recession in Mexico hurts broadcast-advertising sales. The company's cable carriers are winning customers from Telefonos de Mexico, the country's largest phone company, with packages of TV, voice and Internet service. He said Televisa may bid in Mexico's auctions of wireless airwaves to begin offering a mobile-Internet service.

``We're talking to a lot of people,'' he said. ``Large companies that have experience internationally where they've gone into situations where they're competing with incumbents and been very aggressive in offerings of wireless types of services -- that's one possibility.''

Wireless carriers Telefonica, based in Spain, and Reston, Va.-based NII Holdings offer mobile-phone service in Mexico and other parts of Latin America. Mexico City-based America Movil, which also has wireless networks throughout the region, is considered the ``incumbent'' in Mexico with about 72 percent of the nation's wireless customers.

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