Slim's Telmex not planning to take part in TV auction: report

Sat, 06/09/2012 - 14:25 EDT - Reuters - Business News

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MEXICO CITY (Reuters) - Mexican tycoon Carlos Slim's fixed line phone giant Telmex does not aim to enter the television market via a planned auction of two new nationwide channels, a newspaper reported on Saturday.

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Slim's Telmex not planning to take part in TV auction: report
MEXICO CITY (Reuters) - Mexican tycoon Carlos Slim's fixed line phone giant Telmex does not aim to enter the television market via a planned auction of two new nationwide channels, a newspaper reported on Saturday. Slim's efforts to find a way into the TV market in Mexico have so far been blocked by the government, which fears he will use his financial clout to stifle competition. However, the 72-year-old billionaire still hopes to break the deadlock. On Wednesday, Mexico's telecoms watchdog Cofetel approved a plan to auction two new TV channels. ...
Slim's Telmex not planning to take part in TV auction: report
Mexican tycoon Carlos Slim's fixed line phone giant Telmex does not aim to enter the television market via a planned auction of two new nationwide channels, a newspaper reported on Saturday. Slim's efforts ...
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MEXICO CITY (Reuters) - Mexican tycoon Carlos Slim's planned internet television network will be based in the United States and could launch in the third quarter of this year, a spokesman for Slim told Reuters on Monday. The free online news and entertainment channel will have mostly English-language content in its initial phase. "It will be a free video channel on the Internet," said Slim's spokesman and close aide Arturo Elias Ayub. "The business model will be based on advertising and probably (down the road) there could be channels that may want to broadcast it exclusively. ...

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Slim's Telmex not planning to take part in TV auction: report

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