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Grupo Televisa SAB ADR TV Stock Quote

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With Content Spinout Done, Televisa Is Now a Pure-Play Telecom With Large Broadband Opportunity

Business Strategy and Outlook

| Neil Macker, CFA |

We remain bullish on Televisa's long-term prospects. Historically a powerhouse in Spanish-language media because of its programming prowess and ownership of the leading broadcast networks in Mexico, the firm merged its media business into Univision. Televisa is now focused on telecom. The firm transformed itself into a leading telecom firm in Mexico through a series of acquisitions and is now one of the country’s fastest-growing broadband providers.

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Business Description

Once the largest media company in the Spanish-speaking world, Grupo Televisa is now one of the leading telecommunication firms in Mexico. Televisa’s cable arm, Izzi, is the one of the largest pay-television and broadband providers in Mexico. The firm also holds a majority stake in Sky Mexico, the country’s only satellite TV provider. Televisa also owns interests in terrestrial radio, magazine publishing, Mexico bingo parlors, and three of Mexico's professional soccer teams. After merging its traditional media business into Univision, Televisa owns a 45% stake in combined entity TelevisaUnivision.

Avenida Vasco de Quiroga, No. 2000, Colonia Santa Fe
Mexico, DF, 01210, Mexico
T +52 5550225899
Industry Telecom Services
Most Recent Earnings Jun 30, 2022
Fiscal Year End Dec 31, 2022
Employees 37,157

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