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MWC19 - Los Ángeles, October, 22-24
Wednesday, June 26, 2019

Grupo Televisa registers new fall due to AMLO's austerity plan

The television network recorded the worst financial performance of the year, after its shares fell 34% in 2019, its lowest price since May 2015. Among the causes that affected the group, are the harsh macroeconomic conditions and a cut in Government advertising expenses, motivated by the austerity plan promoted by President Andrés Manuel López Obrador.

Government advertising accounted for approximately 11% of total advertising last year and approximately 2% of Televisa's consolidated revenues, the company said in an earnings call in April. The company expects its government revenues to decrease 50% this year.

Last news and analysis

Perú · Terrestrial Backbones

10/10/2019

MTC lays the foundations of a new business model for the fiber optic backbone network

Times of key decisions are coming: after a “brainstorming” phase, defined by the Vice Minister of Communications Virginia Nakagawa, around possible solutions for the backbone network, the MTC published two proposals for modifications to the broadband Law. With that, she advanced in the design of a new commercial model for the central project of the ICT sector, which represents in value 1% of Peru's GDP.

Globales · E-Government

07/10/2019

9th ITU Green Standards Week

Valencia, Riyadh, Dubai, Moscow and Alesund, the cities awarded by the U4SSC program

Globales · Regulation · Economy

03/10/2019

9th ITU Green Standards Week

Call to action to accelerate the transition to smart and sustainable cities

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