Mexico’s Salinas Goes After Televisa With Cable-TV Service
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Ricardo Salinas, Mexico’s second-richest person according to Forbes magazine, is challenging Grupo Televisa SA with a new cable-TV service in the nation’s capital.
Total Play, a unit of Salinas’s Mexico City-based mobile-phone carrier Grupo Iusacell SA, offers packages of video, Web and phone service in 13 Mexico City neighborhoods, with plans to expand, according to the company’s website. Iusacell executives declined to comment, said Dan McCosh, a company spokesman.