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Mexico's Grupo Salinas buys Televisa's Iusacell stake for $717mln
September 10, 2014 / 9:44 PM / 3 years ago

Mexico's Grupo Salinas buys Televisa's Iusacell stake for $717mln

MEXICO CITY, Sept 10 (Reuters) - Mexico’s Grupo Salinas said on Wednesday it will buy the 50 percent of the country’s No.3 wireless operator Iusacell it does not already own from broadcaster Grupo Televisa for $717 million.

Grupo Salinas owner Ricardo Salinas is now seeking a strategic partner to boost Iusacell’s growth, the group said in a statement. (Reporting by Christine Murray)

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