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Rivo and Tivo and now one company

Mexico’s Televisa wants Megacable

Bloomberg is reporting that Mexico’s media giant Televisa is looking to buy Megacable Holdings, one of its main rivals in pay-TV in Mexico.

The green light has reportedly been given by Mexico’s Federal Telecoms Institute regulator, which has said that a merged company would not dominate in pay-TV (despite Televisa reportedly already commanding a 60.6 per cent market share).

This approval is based on the fact that the two players do not share the same geographical coverage areas. However, the end result of a consolidation would be a 75.7 per cent market share when all of the various Televisa sub-brands are included.

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