Televisa still eyes mobile phone option in Mexico

MEXICO CITY, Oct 18 (BestGrowthStock) – Mexico’s leading
broadcaster Televisa (TV.N: ) may explore new deals to tap the
mobile phone business in Mexico after parting ways with NII
Holdings’ (NIHD.O: ) Nextel unit, a company source told Reuters.

The two companies announced earlier on Monday that they
were ending a short-lived venture where Televisa would buy a
minority stake in Nextel. Nextel will still move ahead with the
deployment of a 3G, or third generation, network in the
country.

“We remain interested in the opportunity (of the mobile
market) but we will keep our options open, that may, may not
include a deal with Nextel,” added the source, who requested
not to be named since they were not authorized to talk to the
media.
(Reporting by Cyntia Barrera Diaz, editing by Maureen Bavdek)

Televisa still eyes mobile phone option in Mexico