(Adds Televisa, TV Azteca background)
MEXICO CITY, April 16 Mexico's
telecommunications regulator IFT set an 830-million-peso ($63.37
million) minimum price for new free-to-air television channels,
the agency said in a statement Wednesday.
The regulator announced in March the bidding process for two
new national free-to-air channels following a major sector
overhaul passed last year aimed at boosting competition in the
The new networks would weaken the duopoly of Mexico's two
biggest public broadcasters, Televisa and rival TV
Azteca. Combined they control about 95 percent of
the broadcast television market.
Televisa is the world's largest provider of Spanish-language
($1 = 13.0983 Mexican pesos)
(Reporting by Elinor Comlay; Editing by Bernadette Baum and