EchoStar Corp to form JV with MVS Comunicaciones
Nasdaq-listed EchoStar Corp. has decided to expand its footprints in Mexico through a joint venture with MVS Comunicaciones.
The JV company will be called as Dish Mexico.
Englewood-based EchoStar plans to offer an affordable satellite TV service across Mexico. The service initially will be offered in the cities of Puebla and Leon, which may latter expand to the rest of Mexico.
The monthly cost for a basic package of 25 Spanish- and English-language channels is expected to be 139 pesos, or $10.47.
However, the financial terms of the joint venture weren’t disclosed till now.
MVS Comunicaciones, parent of MVS Televisión and MVS Radio, is a telecommunications company that operates over diverse transmission media (copper, fiber, wireless).
The company offers both the production and distribution of news and entertainment content, including cable television, radio broadcasting and internet services. Its cable television channels are distributed to different pay television systems throughout Mexico, Central and South America, the Caribbean and the Spanish speaking market of the USA.