|Bid||3.39 x 45207700|
|Ask||3.41 x 430000|
|Day's Range||3.31 - 3.42|
|52 Week Range||2.51 - 3.94|
|PE Ratio (TTM)||-6.25|
|Forward Dividend & Yield||0.00 (0.22%)|
|1y Target Est||N/A|
Mexico's president on Tuesday sought to overturn rules the country's telecommunications agency imposed on broadcasting networks and limit the regulator's power. President Enrique Pena Nieto filed a constitutional challenge in the Supreme Court that argues the agency does not have the authority to regulate some broadcast content, Humberto Castillejos, his chief legal counsel, told a news conference. The regulation on so-called audience rights, published in December by the Federal Telecommunications Institute (IFT), set out rules applying principally to Mexico's largest broadcaster Televisa and its rival TV Azteca.
Mexico's telecoms regulator on Monday launched a tender for 148 television channel concessions across the country, in a bid to open up the market, provide greater coverage options, and drive competition. The 148 concessions are spread across 124 separate coverage zones in Mexico, and provide access to channels 7-13 and 14-36 on the free-to-air network, the Federal Telecommunications Institute (IFT) said in a statement. Participants must express interest by Dec. 23 and the winner will be announced by December 2017, the IFT said.