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Carlos Slim’s Telmex could offer pay TV this year if it gets the license

by All News Admin
July 16, 2021
in Business
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Carlos Slim’s firm assures that Telmex is maybe the one phone firm on the planet that doesn’t supply pay TV, however they plan to enter the market as quickly because the authorities give them the license.


July
16, 2021

3 min learn

This text was translated from our Spanish version utilizing AI applied sciences. Errors could exist resulting from this course of.


The phone firm of Carlos Slim , the richest man in Mexico, has tried for years to enter the pay TV market and it’s possible that this yr it’ll succeed. Telmex executives hope to acquire a authorities license to supply the service quickly.

Daniel Hajj , CEO of América Móvil , assured that maybe Telmex is the one phone firm on the planet that doesn’t have pay tv, one thing they hope to resolve as quickly as potential.

“I hope we will get it. For a very long time the IFT (Federal Telecommunications Institute) has stated that it will give us TV. I hope we will have TV on Telmex for this yr. So, as we at all times stated, perhaps there may be not on the planet … There’s a firm … A phone firm that doesn’t have pay tv, ” stated Hajj in a convention with analysts, as quoted by Forbes .

In keeping with the corporate’s monetary report, despatched to the Mexican Inventory Change, between April and June 2021 América Móvil disconnected 204 thousand accesses from its platform, of which 165 thousand had been mounted strains.

The doc states that the corporate’s service revenue decreased barely by 0.4%. It is because voice revenues fell 5.3%, whereas broadband revenues elevated 4.1%. Alternatively, company community revenues elevated 1.6%, largely as a result of streaming plans with Netflix , Disney + and HBO Max had been very engaging to customers.

Is it handy for Telmex to supply pay TV?

The consulting and market analysis agency The CIU highlights that pay tv was the one section within the telecommunications market that reported a rise in the course of the first quarter of 2021, with a progress of 8.6%.

Section of #TVPagaand convergent services generated revenues of $ 30.7 billion pesos in 1Q21, a weighting of 24.6% of the entire of #ingresostelecom

- The CIU (@theciu) July 16, 2021

In that interval, pay TV and convergent companies generated revenues of virtually 30.7 billion Mexican pesos , says the consulting agency. This represents nearly 1 / 4 (24.6%) of the entire revenue of the sector and a rise of two,414.9 million pesos in comparison with the earlier quarter.

In the meantime, the landline telephone market fell 535.9 million pesos

“The marked choice for contracting packages for mounted telephony, web, pay TV, and much more not too long ago for ‘quadruple play’ when including mobile service, as within the circumstances of izzi cell and Sky’s Blue Telecomm Cel, boosted revenues. of the operators on this section ” , detailed the corporate.





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