Televisa to Merge Sky with Izzi in Strategic Consolidation Move
Televisa intends to combine its cable TV and internet provider, Izzi, with its satellite TV division, Sky, to streamline operations and save costs. Th
Televisa intends to combine its cable TV and internet provider, Izzi, with its satellite TV division, Sky, to streamline operations and save costs. The units new leader, Francisco Valim, plans to simplify customer service, sales channels, and geographies. The integration will likely occur mainly between April and June. By the third quarter of 2024, 400 million Mexican pesos will have been saved in operational expenditures. Televisas recent decision to purchase AT&Ts share of Sky demonstrates the companys commitment to the merger despite setbacks like Skys notable losses in video subscribers. By making this change, Televisa could profit in the first quarter and reverse earlier losses.
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B2B Tech News | 3 months ago