Mexican cable industry seeks third television network

Mexico’s cable industry called for the creation of a third television network, a sign that the nation’s dominant broadcaster, Grupo Televisa, is growing more comfortable with the idea of new competition.

National Cable Telecommunications Chamber President Alejandro Puente, called on Mexican President Felipe Calderon to auction airwaves to create a new broadcast network.

Televisa commands about 70 percent of Mexico’s broadcast audience, with almost all of the rest belonging to TV Azteca.


Source: Bloomberg