MEXICO CITY Oct 4 Mexico's top broadcaster,
Televisa (TV.N) (TLVACPO.MX), is in discussions with NII
Holdings (NIHD.O) over their planned Mexican venture, Televisa
said on Monday.
"Discussions are ongoing between Grupo Televisa and NII
Holdings as to whether certain closing conditions have been or
can be satisfied," the company said in a brief statement.
Televisa declined to elaborate and NII sources were not
Televisa and NII Holding's Nextel Mexico won a chunk of
spectrum in a government auction in July. Last week they were
granted the license to operate such spectrum.
Televisa had committed to buying 30 percent of Nextel
Mexico, a unit of NII Holdings, for $1.44 billion once it
obtained the license.
(Reporting by Cyntia Barrera Diaz; editing by John Wallace)