Mexico has joined Brazil in saying that the AT&T planned merger with Time Warner cannot go ahead unless AT&T sells off its Sky Mexico pay-TV subsidiary. Brazil issued a similar demand last week.

Mexico’s Federal Telecommunications Institute (IFT) regulator said that once AT&T disposes of its 41 per cent stake in Sky Mexico, and that AT&T isolates Time Warner’s HBO LatAm activities, then the merger with Time Warner can proceed.

AT&T owns 93 per cent of Sky Brazil.

IFT explained that it considered there were also risks of AT&T coordinating its activities with the giant Televisa broadcasting group.

AT&T on August 24 reached a joint roaming agreement with América Móvil.

Other posts by :

1. Blue Origin drops passenger flights
2. Bank: “Charter racing to the bottom”
3. SpaceX IPO in June?
4. Russia postpones Starlink rival
5. Why don’t lawmakers like Netflix?
6. Viasat taps Ex-Im Bank to finance satellite
7. Bank: TeraWave not a direct threat to AST SpaceMobile
8. SpaceX lines up banks for IPO
9. SES to FCC: “Don’t auction more than 160 MHz of C-band”

Categories: Articles, Broadcast, Business, M&A, Pay TV, Policy, Regulation