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TV Azteca

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)


Last updated: 02-09-2005 23:45:08
Last updated: 02-27-2005 12:10:35