Mexico's Grupo Televisa said on Thursday it paid 8.55 billion pesos ($653.96 million) to acquire the remaining shares in Mexican cable company Cablecom it did not already own.
Televisa, the world's largest provider of Spanish-language content, last year paid 7 billion pesos to buy 51 percent of the company with an option to buy the remaining 49 percent.
Earlier this year, regulator the Federal Telecommunications Institute (IFT) declared Televisa "dominant" in the free-to-air TV market and made it subject to a package of rules to try to increase competition in Mexico.
The company . . .
