For a few months there had been talk that Televisa was looking to compact two cable companies that they currently have in their hands, Izzi and Sky, which felt like competition from each other, preventing income that was felt as total. And that case was waiting for a resolution, which has recently been finalized in favor of the television company, so now the Federal Telecommunications Institute (IFT) has let them acquire 41% of the share capital.
Now they are one step closer to carrying out the merger, and with that in mind they are going to present 58% of the cable television market, in addition to 24% for the part of the internet placed in homes or companies. And let’s not forget that over time another brand like Total Play has wanted to take part of the customers by offering offers that sound tentative, to this we add that Telmex is still one of the great leaders if we talk about the network service and also cell phone with Telcel.
Something that should also be taken into consideration is that some regulatory measures were implemented so that it does not feel like some type of monopoly by bringing together two large pay television providers, since now they will be able to charge four packages in one: the TV, internet, mobile telephony and the streaming service called Vix. Having price limitations that must reach a certain point to have fair competition with others in the market.
Added to that, at the moment there is no change that can be felt as noticeable, but in the end Televisa You should let the clients know, this as long as there is not some type of uncertainty, and that the same fear makes them close the contracts and switch to the competition. In addition, those who have the cable will continue to be activated and it also goes to the owners of the antenna, so in the end each one will keep the name they have always had to avoid unnecessary confusion.
In conclusion, it is a way to save and generate more profits, which is always sought in companies.
Via: Exp
Author’s note: It is a bit confusing that they make these movements if in the end they are going to operate individually
#merger #Izzi #Sky #approved #Televisa