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Televisa buys part of Axtel's residential fiber business

Grupo Televisa SAB acquired a portion of the residential fiber-to-the-home business operated by Mexican telecom provider Axtel SAB de CV.

The acquisition includes 553,226 revenue generating units and other related assets in Mexico City, Aguascalientes, Ciudad Juárez, Monterrey, San Luis Potosí and Zapopan, according to a Dec. 18 regulatory filing.

Televisa owns several broadcast channels and pay TV networks. It also operates cable and direct-to-home satellite services in Mexico.

As of Dec. 18, US$1 was equivalent to 20.13 Mexican pesos.