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Televisa’s Izzi invests to deploy fiber in two Mexican states

Bnamericas Published: Tuesday, September 21, 2021
Televisa’s Izzi invests to deploy fiber in two Mexican states

Izzi, the telecoms unit of Mexico’s Grupo Televisa, has invested US$40mn to expand its fiber optic network in Mexico and Durango states, company executives said in an online press conference.

With the arrival of the company’s network in Durango, 120,000 homes are expected to be added to its coverage. Izzi also expects to create 100 jobs in the state.

Meanwhile, in Mexico state, Izzi said it will be reaching 344,000 premises with its fiber network. The company also expects to generate 300 jobs locally.

Izzi will also open six branches and 15 points of sale, adding to the 60 it already has.

With its arrival in these markets, the company's services will be present in more than 100 cities. 

The company ended June 2021 with 5.56mn broadband clients, 31,369 more than in June 2020, according it its financial reports.

Izzi is the second biggest player in fixed internet in Mexico, with 25% of the country’s 21.2mn accesses as of September 2020, according to the latest data from regulator IFT. 

The market is led by América Móvil’s Telmex, with around 47% of the accesses.

Izzi is also the second biggest fixed telephony player, with a 23.7% market share, according to IFT.

In mobile, the company’s MVNO Izzi Móvil has 2.9% of all accesses. MVNOs still have a very small subscriber base but are showing rapid growth, estimated at 65% annually by Mexican consultancy The CIU.

At the end of June 2021, MVNOs reached a record 3.3% market share with about 4.25mn lines, according to the consultancy.

Other operators with significant participation in the MVNO market are OUI with 16.3%, Virgin Mobile (6.3%), Megamóvil (5.1%) and Oxxo Cel (2.3%).

During the second quarter of 2021, Televisa invested approximately US$280mn in property, plant and equipment as part of its capital investments, up by 30% year-on-year.

Of the total, US$206mn went to cable (including fiber-to-the-home), up 33% year-over-year.

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