Grupo Televisa, S.A.B. (TV) has released an update.
Grupo Televisa, S.A.B., a prominent telecommunications entity in Mexico, has experienced a downgrade in its long-term issuer and senior unsecured ratings by Moody’s from ‘Baa2’ to ‘Baa3’, though the outlook remains stable. Concurrently, Moody’s Local Mexico has affirmed the company’s ‘AA.mx’ long-term issuer and debt ratings, also with a stable outlook. As a leading force in cable and satellite TV services, Televisa continues to play a significant role in the Spanish-speaking media market.
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