Mexico's Grupo Salinas buys Televisa's Iusacell stake for $717mln

miércoles 10 de septiembre de 2014 17:40 GYT

MEXICO CITY, Sept 10 (Reuters) - Mexico's Grupo Salinas said on Wednesday it will buy the 50 percent of the country's No.3 wireless operator Iusacell it does not already own from broadcaster Grupo Televisa for $717 million.

Grupo Salinas owner Ricardo Salinas is now seeking a strategic partner to boost Iusacell's growth, the group said in a statement. (Reporting by Christine Murray)