América Móvil still interested in TV license in Mexico


América Móvil Chief Executive Daniel Hajj said in a conference with analysts that the company continues discussing with Mexican regulator IFT the possibility of obtaining a license to provide pay TV in the country.
“we’re still interested in having TV”, said Hajj. “It’s the only place in the world that we’re not allowed to have TV, so I hope they understand and that they can give all the TV license”, the executive added.
Recently, América Móvil started offering pay TV in Argentina, the other market where it still did not have the service. “Having obtained the license to sell PayTV in Argentina, we made a soft launch of our IPTV product in Buenos Aires. We are fine-tuning our offer and will continue with the rollout of fiber to the home to strengthen our fixed business in the country, said the company in the Q118 report.
América Móvil did not disclose in the report the number of pay TV subscribers it has in Latin America, but indicated that the total base fell 2.4% annually, after 49,000 disconnections in the quarter. Brazil is the company’s main market. In that country, the company registered 81,000 disconnections, mainly of its DTH service.