Alta Communications Makes an Investment in the Largest Azteca America Affiliate Group
Alta Communications Makes an Investment in the Largest Azteca America Affiliate Group
- Investment will Allow Una Vez Mas to Add Eleven Hispanic Markets to Its Stations Group
- Azteca America Network to Increase Presence to Markets That Are Home to 87% of U.S. Hispanics
MEXICO CITY, Jan. 9 /PRNewswire-FirstCall/ -- TV Azteca, S.A. de C.V. (BMV: TVAZTCA) (Latibex: XTZA), one of the two largest producers of Spanish- language television programming in the world, announced today that Alta Communications, a leading U.S. private equity firm for investments in communications, made an investment in Una Vez Mas, Azteca America's largest affiliate group. Subject to FCC approval, the investment will allow Una Vez Mas to complete the acquisitions of several stations already affiliated with Azteca America, and to acquire additional stations in 11 Hispanic areas, including three major markets.
Azteca America -- the company's broadcast television network focused on the U.S. Hispanic market -- expects that the addition will increase the number of affiliate stations to 54 from 43 at the close of 2005, and to have its signal beamed to markets that are home to 87% of U.S. Hispanics, 7 percentage points above the figure at the end of last year.
"We welcome Alta Communications into the Azteca America affiliate family. The attraction of such a major investor by our top affiliate group is a splendid announcement for the start of the new year, and an indication of our growth potential as a major U.S. Hispanic network," said Luis J. Echarte, Chairman of Azteca America Network.
"The extended distribution platform together with the exciting programming lineup builds an encouraging outlook for viewership expansion, increased number of clients, and solid advertising expenditure this year," added Mr. Echarte.
Company Profile
TV Azteca is one of the two largest producers of Spanish-language television programming in the world, operating two national television networks in Mexico, Azteca 13 and Azteca 7, through more than 300 owned and operated stations across the country. TV Azteca affiliates include Azteca America Network, a new broadcast television network focused on the rapidly growing U.S. Hispanic market, and Todito.com, an Internet portal for North American Spanish speakers.
Except for historical information, the matters discussed in this press release are forward-looking statements and are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Risks that may affect TV Azteca are identified in its Form 20-F and other filings with the U.S. Securities and Exchange Commission.
Investor Relations:
Bruno Rangel Rolando Villarreal
+ 52 (55) 1720 9167 + 52 (55) 1720 0041
jrangelk@tvazteca.com.mxrvillarreal@gruposalinas.com.mx
Press Relations:
Tristan Canales Daniel McCosh
+ 52 (55) 1720 1441 + 52 (55) 1720 0059
tcanales@gruposalinas.com.mxdmccosh@tvazteca.com.mx
Source: TV Azteca, S.A. de C.V.
CONTACT: Investor Relations, Bruno Rangel, TV Azteca,
+011-5255-1720-9167, or jrangelk@tvazteca.com.mx, or Rolando Villarreal, Grupo
Salinas, +011-5255-1720-0041, or rvillarreal@gruposalinas.com.mx; or media,
Tristan Canales, Grupo Salinas, +011-5255-1720-1441, or
tcanales@gruposalinas.com.mx, or Daniel McCosh, TV Azteca,
+011-5255-1720-0059, or dmccosh@tvazteca.com.mx
Web site: http://www.tvazteca.com.mx/
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