South America

Sky Mexico Subscriber Boom Produces Record Profits for Televisa

Spanish-language broadcaster Grupo Televisa SAB enjoyed a significant 41 percent increase in its 2012 third-quarter profit compared to the same period last year thanks to a healthy boost of new cable and satellite television subscribers in Mexico, the company announced in its latest financial results.

The company’s Sky Mexico satellite business lured 332,693 subscribers during the period for a total of 4.88 million customers after ending 2011 with 4 million subscribers.

VSAT Systems Subsidiary Cracks Costa Rican Market

VSAT Systems subsidiary Datzap has been granted a license to operate in Costa Rica following three years of negotiations with the Costa Rican government and U.S. trade representatives, the company said in a statement.

Datzap will use the license to offer customers access to VSAT Systems’ extensive satellite uplink facility and infrastructure, which will provide direct access to the U.S. Internet backbone and guarantee high performance and security not currently available from local Costa Rican resellers of their government’s satellite system.