América Móvil is already on the verge of entering pay television in Mexico



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América Móvil (AMX) remains firm in its intention to offer pay-TV in Mexico and hopes that this opportunity will happen soon, assured the CEO of the telecommunications company, Daniel Hajj.

"I hope we will soon be able to offer television," he said at a conference with analysts.

Following the release of the financial results report for the second quarter of this year, the executive said the Restricted Television is a growing market and competition higher prices.

"Even pay-TV in Mexico is the only growth segment, unlike mobile, fixed-line and Internet, where prices are falling." We see no reason not to offer television in Mexico, "said the executive.

As to whether she considers that the merger of AT & T and Time Warner will imply a risk for the Latin American content distribution market, Hajj has assured that it will n & # 39; 39 will not affect other producers.

"I do not think it will affect because ultimately it will have content, so they have to sell this content to everyone, even to wireless companies that need to buy content. "

In addition, he indicated that the operation will not prevent América Móvil from continuing to generate content such as Uno TV in Mexico or Claro in from other countries in the region.

On the order to perform the functional separation of Telmex and Telnor in Mexico, the executive said that so far, there is no change, so that society maintains the implementation of the split.

"There is no news about functional separation, the rules are the same and we are in the process, but nothing has changed," he said.

It should be recalled that America Móvil is obliged to complete the split of Telmex and Telnor into two new wholesale companies no later than the first quarter of 2019, due to the status of 39, a leading economic agent in the telecommunications sector, which he challenged before the Court.

On the virtual elected president Andrés Manuel López Obrador Hajj said that he did not expect the new administration to bring about regulatory changes for society because the reform telecommunications is relatively recent.

 Itzel Castañares information

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