Grupo Televisa Cooperates with FIFA-Related Probe

Grupo Televisa, S.A.B. (TV) has released an update.

Grupo Televisa, S.A.B., a prominent Mexican telecommunications entity, has disclosed its cooperation with a Department of Justice investigation related to FIFA activities, which may significantly affect its financial performance. The outcome of the investigation remains uncertain, and the company cannot yet predict if it will materially impact their operations. Grupo Televisa is a key player in the industry, owning major cable companies and a leading satellite pay-TV system in Mexico, providing a variety of integrated telecom services.

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