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Encyclopedia > Azteca America

TV Azteca is a Mexican television network. It was established in 1993, following the privatization, under President Carlos Salinas de Gortari, of the state-owned Instituto Mexicano de la Televisión ("Imevisión"). Its flagship program is the newscast "Hechos".

In Mexico the network operates two stations: XHDF ("Azteca 13") and XHIMT ("Azteca 7"). Both of these enjoy near national coverage.

The network also operates Azteca International, reaching 13 countries in Central and South America. On July 15, 2004, the Canadian Radio-Television and Telecommunications Commission denied a request for Azteca 13 Internacional to be broadcasted via digital paid TV as a third-language channel.

TV Azteca subsidiaries include Azteca America, the fastest-growing television network in the United States; Todito.com, an Internet portal for North American Spanish speakers; and Unefon, a Mexican mobile telephony operator focused on the mass market.

On 5 January 2005 the US Securities and Exchange Commission accused TV Azteca executives (including chairman Ricardo Salinas Pliego) of having personally profited from a multi-million-dollar debt fraud committed by TV Azteca and another company in which they held stock. The charges are among the first brought under the provisions of the Sarbanes-Oxley Act of 2002, introduced in the wake of the corporate financial scandals of that year.

External links

  • Official Website (http://www.tvazteca.com/)
  • Azteca America (http://www.aztecaamerica.com/)
  • Investor Relations (http://www.irtvazteca.com/)
  • Denying of the Azteca 13 Internacional by Canadian Authorities (http://www.crtc.gc.ca/eng/NEWS/RELEASES/2004/r040715.htm)
  • SEC accuses Mexican firm of fraud (http://news.bbc.co.uk/2/hi/business/4147975.stm) (BBC)

  Results from FactBites:
Longer, slower road for Azteca America (873 words)
The new stations extend Azteca America’s coverage to 28 percent of the Spanish-speaking TV market—still not enough to be considered for network ad buys, media buyers say.
Azteca America doesnÂ’t have that advantage, so it has to go outside to help develop its market.
The key for Azteca America may be not to pretend that it is a network and to concentrate on its existing stations.
Afore Azteca - Wikipedia, the free encyclopedia (127 words)
Afore Azteca is an Afore owned by Grupo Salinas.
The Chief Executive Officer (CEO) of Afore Azteca is Luis Armando Melgar.
Afore Azteca was authorized by the Comisión Nacional del Sistema de Ahorro para el Retiro (CONSAR, "National Commission of the System of Retirement Savings") to operate beginning in February 2003.
  More results at FactBites »



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