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Mexico's top broadcaster Televisa said on July 12 it is interested in providing telecommunication services at an airport the government plans to build south of the popular Caribbean resort of Cancun.
"We are looking at that option in respect to telecommunications services provided in the airport itself, not to construct the airport," Televisa's Executive Vice President Alfonso De Angoitia told analysts during a conference call, Reuters reported.
Televisa has diversified from its core broadcast business in recent years, adding pay television and fixed-line phone to its services.
Local media suggested recently that Televisa may be interested in tendering for the construction and operation of a new international airport in Tulum, Quintana Roo, where pristine waters and white-sand beaches attract thousands of U.S. and European tourists every year.
Televisa's Chief Executive Emilio Azcárraga holds a 25 percent interest in local low-cost airline Volaris; but according to recent reports, he is willing to sell that stake.
Televisa teamed up earlier this year with NII Holdings Inc's Nextel Mexico to bid for mobile phone capacity at a government auction.
If their bid succeeds, Televisa would buy a 30 percent stake in Nextel Mexico for $1.44 billion U.S. dollars, according to Reuters.
The Tulum airport would require a $250 million U.S. dollar investment and is expected to receive 3 million tourists in its third year of operation, according to the Mexican government.
Shares in Televisa, which posted on Sunday a 1.2 percent decline in second-quarter earnings, rose 0.56 percent to 48.50 pesos in morning dealings on Monday.
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