Mexico’s antitrust authority, the Comision Federal de Competencia (Cofeco), is reported to have rejected the proposed acquisition of a 50% stake in mobile operator Iusacell by local broadcast giant Grupo Televisa. According to the Wall Street Journal, which cites a person close to the transaction speaking on condition of anonymity, Cofeco’s five board members voted three-to-two in favour of rejecting the tie-up, but no further details regarding the judgement have been forthcoming
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OVETEL Cofeco reported to have nixed Televisa/Iusacell tie-up
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