New proposal could open up Mexico's oligarchic TV industry

The Federal Commission of Telecommunications (Cofetel), the organization responsible for regulating the media in Mexico, is considering a proposal to open up the air waves and offer more digital television broadcasting licenses, according to a report from the newspaper El Universal.

The proposal's objective is to encourage competition, improve the content selection for customers, and promote the transition from analog to digital television, according to a statement from Cofetel.

The Mexican television landscape is dominated by two major networks. Televisa, the largest producer of Spanish-language television in the world, captures 70 percent of the Mexican television audience, according to its own statistics; the next largest, TV Azteca, controls the remaining percentage, according to Reuters.

The bidding process could take 18 months and include two new digital television channels, according to the website Animal Político.