Carlos Slim Launching US TV Channel “By Mexicans, For Mexicans”

Wednesday, January 18, 2017
By Paul Martin

by Tyler Durden
Jan 18, 2017

With just two days left to go until Trump’s inauguration, one of the President-elect’s biggest opponents during the presidential campaign, Mexican billionaire and the country’s richest man Carlos Slim, said on Tuesday that his cell-phone company America Movil is launching a a TV channel in the United State, Nuestra Vision, which “is focused on Mexicans, made by Mexicans and transmitted from Mexico,” putting it into competition with broadcasters like Univision and Telemundo.

The news comes at the same time as the Globe and Mail reported that Trump will begin NAFTA renegotiation within days of his inauguration, with an emphasis on trade and immigration policies that could several impact Mexico’s economy.

Slim’s new channel will be offered by the America Movil unit Publicidad y Contenido Editorial, the company said in a statement that was flanked by a promotional video online. Nuestra Vision – “Our Vision” – will broadcast news, movies and sports highlights, America Movil said, stressing the company’s pledge to be “100 percent” Mexican and promote Mexico’s heritage. The addressable market is massive: an estimated 35 million people living in the United States are Mexican or of Mexican background.

As the FT adds, Nuestra Visión will show movies, news and sports highlights from Uno TV and Claro Sports, with anchors and reporters direct from Mexico offering daily newscasts.“The Mexican population represents the most significant segment of Hispanic minorities in the United States,” said Victor Herrera, affiliate relations from Nuestra Visión, in a statement. He saw the new channel having a wide audience “reaching every age group”. The company gave no further details on when the new channel could be launched.

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