News Summary:
Grupo Televisa renewed its market maker agreement with Santander Casa de Bolsa S.A. de C.V. on August 3, 2026, for its shares listed on the Mexican Stock Exchange, effective until August 8, 2027. Previously, on July 30, its subsidiary IZZI announced an expanded partnership with Starlink, SpaceX’s satellite internet company, to introduce connectivity services to the residential market. This initiative aims to complement its fiber-optic network, particularly in areas where terrestrial infrastructure deployment is costly or complex. Also on July 30, Televisa urged the CRT to revise the proposed rules for Mexico’s first industrial 5G spectrum auction, advocating for lower financial barriers and a more flexible spectrum assignment process to spur investment in private 5G networks. Earlier, on July 29, the company's Q2 earnings call highlighted a cautious but upbeat operational turnaround, characterized by tight cost control, margin expansion, and strong cash generation. Management acknowledged near-term pressure from weaker broadband additions, Sky declines, and U.S. advertising headwinds, noting efforts to reduce workforce, streamline operations, and invest in fiber-to-the-home upgrades. This earnings update followed the company's report on July 28 of second-quarter 2026 Telecom revenues totaling Ps.14288.9 million, marking a 3.0% year-on-year decrease. Residential revenues grew 1.8% and Enterprise 0.8%, which were offset by a 20.3% decline in Satellite revenue due to substantial subscriber losses.
Subscribe for full access to Grupo Televisa's products in full detail 
