EchoStar Corp to form JV with MVS Comunicaciones

.

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.
 


Latest News

Agreement between Amazon.com and Simon & Schuster to be Advantageous for Both th
Nadella gets a Pay Package Worth $84M from Microsoft; Announces Help in Ebola Re
Slowest Growth in China since the 2008/9 Global Crisis
New Models of iPhone Helps Apple to Achieve a Record Profit
Reheating pasta makes it healthier
Google Glass’ first addict
High-fat meals can cause obesity in men before women
Fujifilm shares go up after Ebola drug announcement
QEP Pipeline Assets Bought by Tesoro in a $2.5 Billion Deal
Adidas’s Reebok to Get a $2.2 billion Bid from Investors
Survey Reveals Slow Wage Increases in the U.S
Eurozone’s Low Performance Draw Mixed Reactions