Convergencia Research, Consultoría especializada en Latinoamérica y Caribe
Friday, March 05, 2021

IFT continues without resolving the Fox Sports case

Yesterday the deadline that the IFT (Federal Telecommunications Institute) gave itself to resolve the situation of Fox Sports in Mexico expired. However, the regulator has not issued any ruling yet.

The order to divest Fox Sports in Mexico is one of the conditions imposed on March 11, 2019 to Disney to allow the acquisition of Fox's assets in the country.

Given the difficulties that the company had for the divestiture of sports channels, the regulator granted it four extensions. The last one was due yesterday.

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Following its acquisition spree involving Telefónica’s operations in the region, the operator reported the impact on its results: consolidated revenue of US$2.276 billion and operating profit of US$600 million. At the end of the third quarter, it had 55.85 million mobile connections and 22.79 million fixed connections.

América Latina · Operators

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Liberty maintains financial performance, with growth in postpaid mobile and fixed-line customers

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América Latina · Data Center

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