In Alleged About-Face, Regulators Now Say Billionaire Emilio Azcarraga’s Televisa Dominant In Pay TV
Mexico’s Federal Telecommunications Institute, or IFT, determined on Tuesday that Grupo Televisa is dominant in pay television services, The Wall Street Journal reported. The IFT, an independent agency that regulates telecommunications and broadcasting services, said that Televisa has “substantial market power,” according to the newspaper which cites “a person familiar with the decision” as its source.
The IFT has not disputed the report. Regulatory measures against the country’s biggest cable television operator could come as soon as this week, industry experts told me. “I would be very surprised if the IFT forces Televisa to sell assets, such as Skype and one of the cable networks,” said Jenaro Villamil, journalist and author of books on Televisa. Most likely, Villamil said, Televisa will be asked to take preventive measures in the way it operates.Source