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Meeting with Med Atlántica on Mexicana canceled
Milenio - The Ministry of Communications and Transportation (SCT) reported that the meeting was canceled between members of Med Atlantic and Judge Philip Consuelo Soto, which was intended to discuss the issue of the capitalization of Mexicana Airlines.
Asur bids with Advent for airport contract in Brazil
Dow Jones - Mexican airport operator Grupo Aeroportuario del Sureste, Asur, said it has made a joint bid with private equity firm Advent International for concessions to run three Brazilian airports.
Cemex says it will meet its financial obligations
Dow Jones - Highly leveraged Mexican cement and building materials company Cemex said today, Thursday, it is confident it will be able to meet its financial obligations this year with the aid of asset sales and free cash flow from improving operations.
OECD says Slim's criticism of report misses mark
Bloomberg - Billionaire Carlos Slim was out of context and off the mark in his criticism of a study finding a lack of competition in Mexico’s phone industry, the Organization for Economic Cooperation and Development said.
Source says Televisa-Iusacell deal has been rejected
Dow Jones - Mexico's antitrust commission has rejected a proposed partnership between mobile-phone operator Grupo Iusacell and the country's biggest broadcast and media company, Grupo Televisa, a person close to the transaction said Wednesday.
Antitrust agency makes decision on Televisa-Iusacell
Bloomberg - Mexico’s antitrust agency made a decision on Grupo Televisa’s investment of $1.6 billion in Grupo Iusacell. The Mexican regulator, Cofeco, didn’t disclose the decision and said it must notify the parties involved.
Televisa and Sony ink co-production deal
The Hollywood Reporter - Televisa and Sony Pictures Television have signed a first-look co-production deal for scripted and unscripted formats, including the Mexican media giant's popular telenovelas.
www.hollywoodreporter.com/news/mexico-televisa-sony-ink-production-283982
Iusacell seeks to recuse anti-trust commissioner
Dow Jones - Grupo Iusacell said it plans to file charges against the president of the country's antitrust commission, Eduardo Perez Motta, and will seek to have him recused from voting on Iusacell's proposed partnership with Grupo Televisa.
Cinepolis to open 350 more movie screens in 2012
Sentido Comun - Operadora Cinépolis, the largest film entertainment company in Mexico, plans to open 350 screens this year and boost its growth outside Mexico. The company will open 150 screens in Mexico and 200 in other countries.
Regulators to rule next week on Televisa-Iusacell deal
Reuters - Competition regulators will decide next Tuesday, Jan. 24, whether to approve broadcaster Televisa's acquisition of half of cellphone company Iusacell, a $1.6 billion tie-up that would combine the muscle of two of the country's top media moguls.
www.reuters.com/article/2012/01/19/televisa-idUSL1E8CJ19020120119
