Telmex Eyes Peruvian Cable Operator

Mexico’s largest fixed-line telephone operator, Teléfonos de México (Telmex) is continuing with its acquisition spree of cable TV operators in the region. The company announced on Tuesday that it is in talks to acquire Peruvian cable TV operator Boga Comunicaciones. The Mexican giant bought three cable TV companies in Colombia last year and added another Brazilian operator to its portfolio. Telmex said it is planning capital investments of $1.1 billion in Mexico and $800 million in its operations abroad this year.