Mexico's Televisa extends losses after regulator says dominates market

MEXICO CITY, March 7 Fri Mar 7, 2014 10:57am EST

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MEXICO CITY, March 7 (Reuters) - Shares of Mexico's Televisa extended losses after a new telecoms watchdog notified the broadcaster that it was market dominant and would be forced to share infrastructure with other companies.

Shares of the company, which has more than 60 percent of the TV market, fell 3.15 percent to 81.1 pesos after the news.