Mexico to auction 2 TV channels in duopoly market

Jun 7, 2012, 1:55 PM

MEXICO CITY (AP) – Mexico’s broadcast regulator is moving to increase competition in television by ordering an auction of two new nationwide channels in a market now dominated by two large networks.

The Federal Telecommunications Commission has not made clear if now-dominant Televisa and TV Azteca will be allowed to bid.

Telephone magnate Carlos Slim has been trying to get government permission to enter Mexico’s pay-television market.

Wednesday’s statement from the commission says it will be the first auction of television frequencies in the country’s history. It says Mexico is seeking to diversify TV content and offer alternative outlets for information and entertainment.

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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Mexico to auction 2 TV channels in duopoly market