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According to Statista data, in 2021, Televisa had assets of approximately 293 thousand 742 million Mexican pesos.
Grupo Televisa is one of the largest media companies that has four open DTT channels, including Las Estrellas.
izzi Telecom generated approximately 16,130 million Mexican pesos in revenue in 2022, compared to 16,850 million pesos the previous year, according to Statista statistics.
In an important move to consolidate its position in the telecommunications market, izzyone of the main providers of internet and television services in Mexico, has obtained a concession from Televisa until the year 2059. This extension grants the company the exclusive right to offer telecommunications services in the country for three more decades.
The long-term concession is considered a significant achievement for Televisa, one of the most influential media companies in Mexico and Latin America. This extension will allow Emilio Azcárraga’s company and its subsidiary zzi maintain a solid and competitive presence in the telecommunications market, ensuring its position as a leading provider of internet and television services for millions of customers throughout the country.
The concession granted to izzy until 2059 is a sign of trust and recognition of the company’s work in the telecommunications sector. In addition, it provides stability and certainty to the users of the company’s services, since it ensures the continuity of its operations and the constant improvement of quality and coverage.
This concession extension will allow izzy and Televisa plan for the long term, make strategic investments and develop new technologies and services to adapt to the changing needs of users. In addition, it will give them the opportunity to compete on equal terms with other companies in the sector, strengthening their position in the market and generating greater growth and development for the telecommunications industry in Mexico.
It is important to note that this concession not only benefits izzy and Televisa, but also to users of Internet and television services in Mexico. The sustained presence of the Internet company and more in the market guarantees greater competition and options for consumers, which in turn encourages the improvement of services and the offer of more competitive prices.
In conclusion, obtaining the concession until 2059 by izzi is an outstanding achievement for Televisa and a guarantee of continuity and growth for the company in the telecommunications market in Mexico.
This concession provides stability and certainty for both Izzi and its users, allowing them to plan for the long term and develop quality services to meet customer needs. With this concession, Izzi and Televisa position themselves as key players in the telecommunications industry in Mexico for the next three decades.