WSJ: Grupo Televisa To Buy 50% Stake In Grupo Iusacell – Update

Monday, April 11th, 2011 at 2:03 am

WSJ: Grupo Televisa To Buy 50% Stake In Grupo Iusacell - Update
Mexico's largest television broadcaster Grupo Televisa, SAB (TV) will buy a 50 percent stake in Mexican mobile operator Grupo Iusacell S.A. de C.V. for $ 1.6 billion, the Wall Street Journal reported Wednesday, citing a person close to the planned transaction. The deal is part of Televisa's efforts to enter the lucrative Mexican wireless market, which is dominated by billionaire Carlos Slim's ...
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