Telmex confirms IPTV plans
Mexican incumbent telco Telmex has confirmed that it plans to stick to its capital expenditure plan of MXN 8bn (US$ 606mn) for 2009, and is still intending to launch IPTV services once it receives regulatory approval.
Speaking during a conference call for the company's second quarter results, Adolfo Cerezo, CFO of Telmex, said that he has not seen any positive economic signals to warrant a change in the company's investment plans. He added that if and when it receives regulatory approval to offer pay-TV, Telmex will offer the services through a combination of IPTV technology using its fixed-line network and satellite TV.
In a recent filing with the US Securities and Exchange Commission, Telmex stated that it plans to invest directly in local DTH provider Dish Mexico, with which it already has a billing and distribution agreement, if it obtains the necessary authorisations. Firstly however, it must change its telecommunications concession in order to offer the service.