Av. Vasco de Quiroga No. 2000, Colonia Santa Fe 01210 Mexico, D.F.
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(Address of principal executive offices)
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Form 20-F
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x
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Form 40-F
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Yes
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No
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x
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Yes
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No
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x
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Investor Relations
PRESS RELEASE
No. RI004
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1. | We welcome the constitutional initiative presented. It promotes competition in the broadcasting and telecommunications sectors. | ||
2. | Grupo Televisa fully supports the need for more modern telecommunications and broadcasting industries in Mexico. They are key to the development of the national economy. This constitutional initiative should establish an environment conducive to meaningful investment in these sectors. | ||
3. | Grupo Televisa strongly believes that competition is the best engine for economic development and growth. The initiative, therefore, will enhance the sector’s potential. | ||
4. | In terms of broadcast television, this initiative presents Grupo Televisa with important challenges. For that reason, Grupo Televisa will continue to invest in the production of best-in-class content, as it has for over 60 years, promoting the country’s national identity and culture both in Mexico and in more than 60 countries where our content is available. | ||
5. | In the telecommunications sector, Grupo Televisa has made important investments and is confident that it can compete in a level playing field with new rules, such as those contemplated in the reform, which takes into consideration the asymmetries in the telecommunications industry. Grupo Televisa will continue to actively participate in the development and offering of pay TV services, broadband internet access and fixed and mobile telephony, at lower prices and better quality. |
GRUPO TELEVISA, S.A.B.
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(Registrant)
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Dated: March 12, 2013
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By:
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/s/ Joaquín Balcárcel Santa Cruz
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Name:
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Joaquín Balcárcel Santa Cruz
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Title:
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General Counsel
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