The group MVS Communications took full control of the satellite television system Dishes Mexicoafter your partner Echostar Mexico Holding Corporation decided to withdraw from that business after more than a decade of commercial alliance between both companies.
MVS it is done in this way with a business that at the end of 2021 served 1.48 million homes in the country, equivalent to 5.8% of the pay television market nationwide and consumers will fight alone to Televisa Group, which through all its brands concentrates 15.72 million restricted television accesses; followed by Megacable with its 5.8 million landline accesses and the 2.1 million accesses of Totalplayalso to 2021.
Dish is the second Mexican satellite TV operator, behind Sky of Televisa and ahead of Star TV, which has 1.1% of the business. Five years ago, in September 2017, the share of Dish reached 3.77 million hits. The PayTV in all its set of technologies it would have generated a business of 126,000 million pesos in the year 2021.
Yes ok Echostar Mexico Holding Corporation decided to withdraw its investment in the national restricted television business, that does not mean that the company is moving away from Mexico, since other brands related to its corporate continue with their operations in the country, such as HughesNetone of its arms that provides broadband internet service with national coverage.
Echostar Mexico Holding Corporation is about to inform its shareholders that it has decided to leave Dish, to concentrate on other Internet-related business opportunities, and after the Federal Telecommunications Institute (IFT) consented in resolution UCE/CNC-004-2022 to the transfer of its share package in favor of one of the affiliated companies of MVS Comunicaciones.
After the reconfiguration of the network of Dishthe company DM Servicio Inmediato S. de RL de CV now occupies the position that Echostar had in the still corporate name “Dish México Holding”, which will henceforth be called “MVS DTH Holding S. de R.L. de C.V.”, the new corporate name of Dish Mexico and in which the firm Grupo MVS Capital will continue to be the MVS subsidiary with the largest shareholding in Dish, 51 percent. MVS was contacted for comment on this work, but declined to offer any comment now.
The sectoral regulator became aware of this transfer after the new subsidiary DM Servicio Inmediato S. de RL de CV will have more than 35% of Dish and because Comercializadora de Frequencies Satelitales, S. de RL de CV, the MVS company that sells Dish services directly to consumers, billed more than 1,731 million pesos in all of 2021, two facts for which the Federal Law of Economic Competition (LFCE) obliges the MVS economic interest group to report the operation to the IFT.
The satellite pay tv occupies a general share of 40.7% of restricted television and giving up its historical leadership to fixed technology brands, since cable pay television represents 48.5% of all business and the rest travels through the Internet and other technologies.
The consumer’s preference for other content platforms or cable pay television providers has forced Sky y Dish to add products to their service packages. MVS’s Dish has developed offers that include fixed or mobile telephony, plus the addition of a broadband line.
After that measure, Dish As of last December, it had 128,877 fixed broadband Internet lines in operation, a service provided from Telmex’s input, while in cellular telephony its reach reaches 1 million 231,734 active voice and mobile Internet lines, here through a commercial alliance with FreedomPop and Telcel.
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