Grupo Televisa SAB
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Mexico's government has threatened the country's telecommunications giants with forced asset sales, unveiling a plan to loosen billionaire Carlos Slim's hold on the telephone market and curb broadcaster Televisa's dominance of the airwaves.
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MEXICO CITY, April 25- Mexican media company Grupo Televisa, the world's biggest producer of Spanish-language content, said on Thursday its first-quarter profit fell 29 percent, hurt by a loss on its investment in cell phone company Iusacell.
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Mexico's government has threatened the country's telecommunications giants with forced asset sales, unveiling a plan to loosen billionaire Carlos Slim's hold on the telephone market and curb broadcaster Televisa's dominance of the airwaves.
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*Major funds were underweight Mexico, had favored Brazil. BOSTON, Jan 2- The two biggest financial markets in Latin America swapped their long-held roles in 2012, with Mexico surging ahead and Brazil lagging, catching many U.S. fund investors in the region off guard.