News Column

Mexico: No World Cup rights for Televisa, Slim

May 30, 2014

MEXICO CITY (AP) Mexican regulators are barring both the country's main television network and Carlos Slim's telecom company from getting exclusive rights to broadcast World Cup matches and opening and closing ceremonies of future Olympics.

The federal Telecommunications Institute's decision announced Friday is the first taken since the Televisa network and America Movil were declared "preponderant" two months ago. The institute announced then that it would impose restrictions on the companies to allow others to enter the sector dominated by a handful of telecom providers.

The institute said that when "preponderant" companies have exclusivity in the transmission of such events "it limits other players in the market from effectively competing."

Until now, both companies have had exclusive broadcast rights for some Mexican soccer league matches when the teams they own play.

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Source: Associated Press

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