Nuevo blog de Dolia Estévez en ‘Forbes’
La periodista y corresponsal en Washington, Dolia Estévez, inició este lunes su colaboración en el sitio Forbes, a través de un blog; en su primera publicación esscribe sobre la exclusividad de Carlos Slim para transmitir los Juegos Olímpicos de Invierno del 2014, en Rusia y los Juegos Olímpicos de Río del 2016.
Nuevo blog de Dolia Estévez en Forbes

Dolia Estévez es corresponsal en Washington de Noticias MVS. Ha sido columnista de El Semanario y corresponsal del diario El Financiero, donde escribía la columna quincenal “Desde Washington”. Fue miembro del Cuerpo de Corresponsales de la Casa Blanca.

Ha publicado artículos  y libros sobre  temas como la relación bilateral México-Estados Unidos, el Tratado de Libre Comercio de América del Norte, economía, finanzas, narcotráfico, la política exterior de Estados Unidos y la Organización de Naciones Unidas.

Estévez comenzó a colaborar en el sitio de Forbes  este lunes. A continuación se reproduce su primera publicación íntegra.

Exclusive Rights To Broadcast Olympic Games Helps Tycoon Carlos Slim Enter Television

Dolia Estévez / Forbes

25 de marzo de 2013

On the same day last week that Mexico’s lower House of Congress approved an anti-monopoly telecom reform bill that, if enacted, will give billionaire tycoon Carlos Slim the ability to enter the television industry, Slim’s America Movil (NYSE: AMX) announced that it had obtained the exclusive broadcast rights to the 2014 winter Olympic games in Sochi, Russia, and the 2016 summer Olympic games in Rio de Janeiro for all of Latin America (with the exception of Brazil). Neither Slim nor the International Olympic Committee revealed the amount that America Movil paid for the exclusive rights in Latin America, but Mexican analysts estimated it at $110 million dollars.

The rights to broadcast the Olympics gives Slim, the world’s richest man, a powerful bargaining chip to enter the TV market.  Though the telecom reform law will curtail America Movil’s market dominance in phone services, cutting its 80% share in landlines and 70% share in wireless to 50%, financial analysts  now believe that that Slim stands to gain more by accessing  the TV sector than it stands to lose by having its current monopoly power restricted.  In fact, the surprising news March 21 changed the mood in the financial markets toward America Movil’s  shares, which had been sliding since the reform was announced ten days earlier.

Carlos Slim Praises Mexican Telecom Reform Despite Challenge To His Number One Billionaire Status Dolia Estevez Dolia Estevez Contributor

Forbes’ Billionaires World Map Ricardo Geromel Ricardo Geromel Contributor

The right to offer paid TV, which America Movil has been barred from doing by regulators, has been the subject of one of Slim’s most bitterly contested struggles. Emilio Azcarraga and Ricardo Salinas Pliego, Slim’s billionaires rivals, both own companies—Televisa (NYSE:TV) and TV Azteca respectively—that together broadcast to 100% of Mexican TV audiences. In 2011 Slim stopped advertising with Televisa and Azteca after a dispute over phone rates and TV advertising rates.

Dow Jones Newswires reported that a spokesman for Televisa said the company didn’t participate in seeking the rights to the Olympics, and that it is too early to say what the next step in reacting to Slim’s victory will be. An Azteca spokesperson had no comment on the Olympics, but said that the company is still open to talks on the renewal of advertising by Slim’s companies. Both companies will now have to negotiate with America Movil for a share of Olympic coverage. “If they are interested, and they approach us, we’re open to talk,” Arturo Elias Ayub, Slim’s spokesperson and son-in-law, told Dow Jones.

Currently Telmex and Telcel, two of America Movil’s subsidiaries, dominate the telephone,  broadband and paid TV industries in 17 Latin American countries. Even if Slim can’t offer open or cable TV services by the time of the 2014 winter Olympics, Elias said that they would be in a position to resell transmission rights in those countries. They could also show the Olympics through the technologies that they currently control:  Internet and  smartphones.

For Slim to be able to compete for one of the two private TV networks that will be created under the new law, he would have to change Telmex’s 1990 original licensing concession title,  a contract with the government that explicitly prohibits his companies from offering TV services. The National Telecommunication Institute, a new independent  regulatory panel to be created under the telecom bill, would need to decide whether Slim’s companies are in compliance with the anti-monopolistic prerequisites set by the new law in order to convert the original licensing title into what is known as a “single concession”—a contract that permits a company to offer phone, Internet, and television. This would allow Slim to sell triple-play packages: bundling phone, Internet and television, something that he has sought for years in Mexico.  ”Obviously we’re interested in that ‘single concession,’  because we’re competing with others who have concessions to provide all the services and we don’t,” Elias told Dow Jones.



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