Anti-trust Commission Outlines Conditions for Cablemás Acquisition

Mexico anti-trust commission, CFC, has laid down conditions for the acquisition by the country’s largest broadcaster, Televisa, of a 49% stake in Mexico’s second-largest cable company, Cablemás. Last year the broadcaster offered to pay $258m for the stake in Cablemás. The Commission has stipulated that Televisa must offer its free broadcast content to other pay-TV operators in the country and carry on its satellite system any signals with 30% or more national coverage. Televisa can appeal against the decision within 30 days, said the CFC.