Mexico slaps conditions on Televisa-Iusacell tie-up

Sep 02 2013

MEXICO CITY (Reuters) – Mexico said on Thursday it approved broadcaster Televisa’s bid to buy half of cell phone company Iusacell, seen as crucial to helping them challenge tycoon Carlos Slim’s telecoms empire, but imposed “harsh” conditions, one of the partners said. Televisa, the world’s biggest producer of Spanish-language shows, has been fighting for 14 months to push through its $1.6 billion bid for 50 percent of Iusacell. …

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    Originally posted 2012-06-16 01:13:40. Republished by Blog Post Promoter

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