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Investor Presentation
Investor Presentation Second Quarter 2016 Forward looking statements This presentation contains statements that constitute forward‐looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward‐looking statements include statements regarding the current intent, belief or expectations of our officers or management with respect to future developments, including such important matters as (1) our asset growth and financing plans, (2) trends affecting our financial condition or results of operations, (3) the impact of competition and regulations, (4) projected capital expenditures and (5) liquidity. Forward‐ looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those described in forward‐looking statements included in this presentation as a result of various factors. These factors, many of which are beyond our control, include the actions of competitors, future global economic conditions, market conditions, changes in interest rates and foreign exchange rates, changes in legislation or regulations applicable to our business, operating and financial risks, the outcome of legal proceedings and the factors discussed under “Risk Factors” in our annual report on Form 20‐F for the year ended December 31, 2015. The results in this presentation appear as they were originally reported in our financial statements. 2 Overview Content Cable Sky 3 Our Core Businesses Content and Distribution Licensing Advertising Network Subscription & Syndication Four broadcast channels in 26 pay‐tv networks and 51 Univision royalties Mexico City complemented feeds in Mexico and globally Content licensing fees through affiliated stations Exports to 70+ countries Sky* Cable Video: 7.8 million subs Video: 4.2 million RGUs(1) Data: 3.3 million RGUs A leading DTH system in Voice: 2.1 million RGUs Mexico and C. -
PDF SCTE Sep16
Prensario Internacional www.prensario.net www.prensario.net Prensario Internacional Prensario Internacional www.prensario.net www.prensario.net Prensario Internacional KEYNOTE REPORT Cable-Tec Expo 2016: New roads, more crossroads Latin American participation at the SCTE/ ISBE Cable-Tec Expo 2016 trade show in Philadelphia is expected to be stronger than in the past, despite the fact that the World Cup in 2014 and the Olympic Games in June, both held in Brazil, had fueled demand from 2012 to 2015 for top notch equipment and software in order to fulfill the expectations of the overseas broadcasters beaming its images to the rest of the world. Derek Caney; Miguel Fernández, CTO, Cablevisión; Vincencio Maya, CTO, Millicom; and Jorge Schwartz, CEO, There is an explanation: while Latin TVCable Ecuador American attendance swings according to the economy within the region, the strong eager customers for equipment required for ing funds to cover their production expenses, competition raised by the OTT’s and digital image capture and storage. resulting in strong attendance for the various platforms is forcing the linear television busi- Yet, Brazil keeps a huge challenge ahead: local venues designed to let them network ness to rethink its strategy and try to curb the having been the first country in the region to with the locals. audience and advertising losses caused by plan an analog television switch off in 2008 cord-cutters and migration to alternate enter- and having contributed to Japanese-designed Mexico tainment means. Therefore, the deployment system ISDB-T with some changes, it has so far Mexico, the second-largest market of telecommunications technology, products, been unable to fulfill the initial stated goals, in the region, is getting ready to see maybe because it set the emerge CadenaTres, its third private bar too high, including television network and the first mas- the notion that people sive effort to give Televisa and TV Azteca should actually use the a run for their money. -
Nombre Ciudad/Municipio Estado Canal TV Ojocaliente Cosío
Nombre Ciudad/Municipio Estado Canal TV Ojocaliente Cosío Aguascalientes 83 Total Play Aguascalientes Aguascalientes 393/Practico Total Play Tijuana Baja California Norte 393 Varivisión de Baja California Ensenada Baja California Norte 69 Megacable Santa Rosalía Baja California Sur 80 Kblex Escarcega Francisco Escárcega Campeche 78 Telecable de Campeche/Cablecom Cd. Del Carmen Campeche 81 Cable Atenas Calkiní Campeche 83 Cable Atenas Calkiní Campeche 83 Cable Atenas Calkiní Campeche 83 Cable Atenas Calkiní Campeche 83 Cable Atenas Calkiní Campeche 83 Cable Atenas Hecelchakán Campeche 83 Cable Atenas Hecelchakán Campeche 83 Cable Atenas Hecelchakán Campeche 83 Cable Atenas Tenabo Campeche 83 Telecable de Campeche Campeche Campeche 112 Telecable de Campeche Chiná Campeche 112 Cablevisión Nunkiní S.A. de C.V. Calkiní Campeche 36 Sistema de Cable HKAN Hecelchakán Campeche 75 Cablevisión de Pomuch Hecelchakán Campeche 75 Econo Cable Matamoros Coahuila 99 Econo Cable Francisco I. Madero Coahuila 96 Televisión Monclova Monclova Coahuila 90 Televisión Monclova Castaños Coahuila 90 Televisión Monclova San Buenaventura Coahuila 90 Televisión Monclova Frontera Coahuila 90 Cable del Bravo Sabinas Coahuila 68 Megacable Francisco I Madero Coahuila 83 Megacable San Pedro Coahuila 83 Cable Laguna Torreón Coahuila 212 Cable Red Cd. Acuña Coahuila 444 Telecable Quesería Quesería Colima 53 Megacable Huixtla Chiapas 44/Básico Plus Megacable Tonalá Chiapas 193 Megacable Arriaga Chiapas 49/Básico Plus Megacable Comitán de Domínguez Chiapas 81/Básico Plus Megacable -
Highlights in Space 2010
International Astronautical Federation Committee on Space Research International Institute of Space Law 94 bis, Avenue de Suffren c/o CNES 94 bis, Avenue de Suffren UNITED NATIONS 75015 Paris, France 2 place Maurice Quentin 75015 Paris, France Tel: +33 1 45 67 42 60 Fax: +33 1 42 73 21 20 Tel. + 33 1 44 76 75 10 E-mail: : [email protected] E-mail: [email protected] Fax. + 33 1 44 76 74 37 URL: www.iislweb.com OFFICE FOR OUTER SPACE AFFAIRS URL: www.iafastro.com E-mail: [email protected] URL : http://cosparhq.cnes.fr Highlights in Space 2010 Prepared in cooperation with the International Astronautical Federation, the Committee on Space Research and the International Institute of Space Law The United Nations Office for Outer Space Affairs is responsible for promoting international cooperation in the peaceful uses of outer space and assisting developing countries in using space science and technology. United Nations Office for Outer Space Affairs P. O. Box 500, 1400 Vienna, Austria Tel: (+43-1) 26060-4950 Fax: (+43-1) 26060-5830 E-mail: [email protected] URL: www.unoosa.org United Nations publication Printed in Austria USD 15 Sales No. E.11.I.3 ISBN 978-92-1-101236-1 ST/SPACE/57 *1180239* V.11-80239—January 2011—775 UNITED NATIONS OFFICE FOR OUTER SPACE AFFAIRS UNITED NATIONS OFFICE AT VIENNA Highlights in Space 2010 Prepared in cooperation with the International Astronautical Federation, the Committee on Space Research and the International Institute of Space Law Progress in space science, technology and applications, international cooperation and space law UNITED NATIONS New York, 2011 UniTEd NationS PUblication Sales no. -
View Annual Report
Focused on the future. 2014 Annual Report 1 Report to Shareholders 4 Management’s Discussion and Analysis 57 Management’s Responsibility for Financial Statements and Report on Internal Control over Financial Reporting 59 Independant Auditors’ Reports 63 Consolidated Financial Statements 68 Notes to Consolidated Financial Statements 122 Five Years in Review 123 Shareholders’ Information 124 Corporate Information The Annual General Meeting of Shareholders will be held on January 14, 2015 at 11:00 am (Mountain Time) at the Shaw Barlow Trail Building, 2400 – 32 Avenue NE, Calgary, Alberta. Shaw Communications Inc. 2014 Annual Report At Shaw, every decision we make, and every initiative we launch, is driven by customer choice and the imperative to bring quality, reliability, innovation and value to the customer and viewer experience. Shaw Communications Inc. 2014 Annual Report Revenue* Dividends Figures in billions Figures in millions 5.2 5.1 485 5.0 445 4.7 416 391 372 3.7 10 11 12 13 14 10 11 12 13 14 Operating income before Free cash flow* restructuring costs and Figures in millions amortization* Figures in billions 698 2.3 2.2 2.1 2.1 617 604 1.8 515 482 10 11 12 13 14 10 11 12 13 14 *Financial information for fiscal 2010 is prepared in accordance with previous Canadian generally accepted accounting principles. Shaw Communications Inc. REPORT TO SHAREHOLDERS August 31, 2014 Dear Fellow Shareholders: Our performance in fiscal 2014 reflects our continued focus on the delivery of exceptional experiences and leading technology to our customers and viewers, a disciplined focus on operational efficiencies, and sound capital management creating value for all stakeholders. -
Canadian Media Directors' Council
Display until February 28, 2011 PUBLICATIONS MAIL aGREEMENT 40070230 pOstaGe paiD in tOrOntO MarketinG MaGazine, One MOunt pleasant RoaD, tOrOntO, CanaDa M4y 2y5 September 2010 27, $19.95 Pre P ared by: MEDIA Canadian Media Directors’ Council Directors’ Media Canadian DIGEST 10 Published by: 11 4 Y CELEBRATING E A 0 RS www.marketingmag.ca Letter from the President CMDC MEMBER AGENCIES Agency 59 Canadian Media Directors’ Council AndersonDDB Cossette Welcome readers, Doner DraftFCB The Canadian Media Directors’ Council is celebrating the 40th anniversary of the Genesis Vizeum Media Digest with the publication of this 2010/11 issue you are accessing. Forty years is Geomedia quite an achievement of consistently providing the comprehensive source of key trends GJP and details on the full media landscape in the Canadian marketplace. Fascinating to Initiative consider how the media industry has evolved over those forty years and how the content M2 Universal of the Digest has evolved along with the industry. MPG As our industry has transformed and instant digital access has become such an import- MediaCom ant component of any reference source, we are pleased to make the Digest and its valu- Mediaedge.cia able and unique reference information freely available to the industry online at www. Media Experts cmdc.ca and www.marketingmag.ca, in addition to the hard copies distributed through Mindshare Marketing Magazine and our member agencies. OMD The CMDC member agencies play a crucial role in updating and reinventing the PHD Digest content on a yearly basis, and we thank each agency for their contribution. The Pegi Gross and Associates 2010/11 edition was chaired by Fred Forster, president & CEO of PHD Canada and RoundTable Advertising produced by Margaret Rye, the CMDC Digest administrator. -
Global Pay TV Operator Forecasts
Global Pay TV Operator Forecasts Table of Contents Published in October 2016, this 190-page electronically-delivered report comes in two parts: A 190-page PDF giving a global executive summary and forecasts. An excel workbook giving comparison tables and country-by-country forecasts in detail for 400 operators with 585 platforms [125 digital cable, 112 analog cable, 208 satellite, 109 IPTV and 31 DTT] across 100 territories for every year from 2010 to 2021. Forecasts (2010-2021) contain the following detail for each country: By country: TV households Digital cable subs Analog cable subs Pay IPTV subscribers Pay digital satellite TV subs Pay DTT homes Total pay TV subscribers Pay TV revenues By operator (and by platform by operator): Pay TV subscribers Share of pay TV subscribers by operator Subscription & VOD revenues Share of pay TV revenues by operator ARPU Countries and operators covered: Country No of ops Operators Algeria 4 beIN, OSN, ART, Algerie Telecom Angola 5 ZAP TV, DStv, Canal Plus, Angola Telecom, TV Cabo Argentina 3 Cablevision; Supercanal; DirecTV Australia 1 Foxtel Austria 3 Telekom Austria; UPC; Sky Bahrain 4 beIN, OSN, ART, Batelco Belarus 2 MTIS, Zala Belgium 5 Belgacom; Numericable; Telenet; VOO; Telesat/TV Vlaanderen Bolivia 3 DirecTV, Tigo, Entel Bosnia 3 Telemach, M:Tel; Total TV Brazil 5 Claro; GVT; Vivo; Sky; Oi Bulgaria 5 Blizoo, Bulsatcom, Vivacom, M:Tel, Mobitel Canada 9 Rogers Cable; Videotron; Cogeco; Shaw Communications; Shaw Direct; Bell TV; Telus TV; MTS; Max TV Chile 6 VTR; Telefonica; Claro; DirecTV; -
Expo SCTE, Nextv Latam SCTE’S Cable-Tec, Nextv Y Chile Media Show Latam and Chile Media Show
PRENSARIO INTERNACIONAL PRENSARIO INTERNACIONAL EXPO SCTE, NEXTV LATAM SCTE’S CABLE-TEC, NEXTV LATAM AND CHILE MEDIA Y CHILE MEDIA SHOW SHOW Esta edición de noviembre, Prensario This issue is being tiene triple llegada: la Expo Cable Tec distributed at three relevant SCTE, que se realiza en Atlanta del 15 al industry gatherings: Cable-Tec, hosted by the SCTE in Atlanta, 17 de noviembre, NexTV LatAm el 29 y GA on November 15-17; NexTV LatAm, in Buenos Aires on 30 en el Hotel Melia de Buenos Aires, y Chile November 29-30 at the Pestana Hotel, and Chile Media Show, Media Show en Santiago de Chile, del 30 de at the Marriott in Santiago, on November 30-December 2. noviembre al 2 de diciembre. As a guide to English-language readers attending the SCTE En el marco de la SCTE, en este número se show, we offer a listing of some of the business opportunities hace foco en la inversión en tecnología para la available in Latin America at this time and explain why a TV por cable de la región. Se incluye lo que irán a ver y a comprar los gerentes strong presence of cable operators from the region should de ingeniería de las MSOs de Latinoamérica, que están reporteados en una de be expected. nuestras Latin Buyers Survey. The Dataxis/NexTV conference in Buenos Aires is combined También aparece una mirada amplia sobre los dos seminarios de Dataxis/ with a similar gathering held last month in Mexico City; a NexTV: 3Play de México y de Buenos Aires. -
ONN 6 Eng Codelist Only Webversion.Indd
6-DEVICE UNIVERSAL REMOTE Model: 100020904 CODELIST Need help? We’re here for you every day 7 a.m. – 9 p.m. CST. Give us a call at 1-888-516-2630 Please visit the website “www.onn-support.com” to get more information. 1 TABLE OF CONTENTS CODELIST TV 3 STREAM 5 STB 5 AUDIO SOUNDBAR 21 BLURAY DVD 22 2 CODELIST TV TV EQD 2014, 2087, 2277 EQD Auria 2014, 2087, 2277 Acer 4143 ESA 1595, 1963 Admiral 3879 eTec 2397 Affinity 3717, 3870, 3577, Exorvision 3953 3716 Favi 3382 Aiwa 1362 Fisher 1362 Akai 1675 Fluid 2964 Akura 1687 Fujimaro 1687 AOC 3720, 2691, 1365, Funai 1595, 1864, 1394, 2014, 2087 1963 Apex Digital 2397, 4347, 4350 Furrion 3332, 4093 Ario 2397 Gateway 1755, 1756 Asus 3340 GE 1447 Asustek 3340 General Electric 1447 Atvio 3638, 3636, 3879 GFM 1886, 1963, 1864 Atyme 2746 GPX 3980, 3977 Audiosonic 1675 Haier 2309, 1749, 1748, Audiovox 1564, 1276, 1769, 3382, 1753, 3429, 2121 2293, 4398, 2214 Auria 4748, 2087, 2014, Hannspree 1348, 2786 2277 Hisense 3519, 4740, 4618, Avera 2397, 2049 2183, 5185, 1660, Avol 2735, 4367, 3382, 3382, 4398 3118, 1709 Hitachi 1643, 4398, 5102, Axen 1709 4455, 3382, 0679 Axess 3593 Hiteker 3118 BenQ 1756 HKPro 3879, 2434 Blu:sens 2735 Hyundai 4618 Bolva 2397 iLo 1463, 1394 Broksonic 1892 Insignia 2049, 1780, 4487, Calypso 4748 3227, 1564, 1641, Champion 1362 2184, 1892, 1423, Changhong 4629 1660, 1963, 1463 Coby 3627 iSymphony 3382, 3429, 3118, Commercial Solutions 1447 3094 Conia 1687 JVC 1774, 1601, 3393, Contex 4053, 4280 2321, 2271, 4107, Craig 3423 4398, 5182, 4105, Crosley 3115 4053, 1670, 1892, Curtis -
PDF Canitec Marzo 15
PRENSARIO INTERNACIONAL PRENSARIO INTERNACIONAL PRENSARIO INTERNACIONAL PRENSARIO INTERNACIONAL EDICIÓN ESPECIAL DE MÉXICO, CON TODOS LOS PROTAGONISTAS DISTRIBUCIÓN EXPO ATIM Y EXPO CANITEC, MEXICO SPECIAL ISSUE: QUE RENUEVA EXPECTATIVAS ALL ITS MAJOR PLAYERS Esta edición de marzo de Prensario Internacional da continuidad a nues- tras tradicionales ‘Ediciones Especiales’ dedicadas a México. Como venimos This March 2015 issue of Prensario Internacional haciendo desde hace 16 años, abordamos aquí la expresión de los principales magazine is once again —as it has happened in the past jugadores de TV de paga mexicanos, junto al habitual informe sobre la evolución 16 years— devoted to the Mexican pay television industry del mercado en su conjunto. and carries the perceptions of its major players, as well as Tiene como foco de distribución la Expo Convención de Canitec, que vuelve al a special report on the overall market evolution. DF tras una poco festejada edición en Acapulco, que si bien fue positiva para el It is focused on the tradition Canitec convention, apoyo al Estado de Guerrero no estuvo acompañada por la presencia de Grupo which returns to Mexico City lo be held at the Banamex Televisa y otros operadores que concurrieron en años anteriores. Center after a lackluster experience in Acapulco City. With Con el regreso de la Expo al Centro Banamex de la Ciudad de México y te- Televisa’sIzzy Telecom as host, the outlook is positive, niendo a Izzi Telecom del mencionado grupo como anfitrión, se renuevan las considering that Mexico has grown strongly on Pay TV, expectativas de tener una buena Expo, acorde a uno de los dos mercados que broadband and digital telephony in the past few years and is currently the second Latin American market, after más han crecido en la región, duplicando de manera impactante su cantidad de Brazil and exceeding Argentina and Colombia in terms abonados. -
Welcome to the Ultimate TV Experience. with Shaw Direct Satellite TV, You Get So Much More
Welcome to the ultimate TV experience. With Shaw Direct Satellite TV, you get so much more. FreeRange TV Shaw Direct on Experience an entirely new way Demand of watching TV.1 Enjoy instant access to all the Access your favourite TV shows at latest new release movies and home and on the go buzz-worthy shows. Watch live sports when and where WiFi enabled capability you want, so you never miss a game provides instant access to thousands of titles Download-to-go kids shows, so the available on Shaw kids can stay entertained offline Direct On Demand2 Watch thousands of on-demand Freely browse new shows and movies on the releases, old favourites, go and at home hundreds of TV shows, and tons of kids and specialty programs Easily accessible through your guide from the comfort of your home3 Order titles and watch repeatedly for up to Learn more at 48 hours shawdirect.ca/FreeRangeTV Learn more at shawdirect.ca/vod 1App access is only available to Shaw Direct TV subscribers. Channel availability is based on 2Number of accessible titles based on customer satellite TV subscription. High speed Internet customer’s TV subscription and Shaw’s mobile distribution rights. Subject to Internet connectivity connection required to access Shaw Direct On Demand. WiFi connectivity only available on and blackout restrictions. Available on-demand content limited to free shows and movies only and is 800-series receivers . 3Subject to Internet connectivity. A High Speed Internet connection is required tied to customer’s TV subscription. to access Shaw Direct On Demand. HD VOD choices require at least 5.0 Mbps to stream. -
Universidad Autónoma Del Estado De México Facultad De Economía
UNIVERSIDAD AUTÓNOMA DEL ESTADO DE MÉXICO FACULTAD DE ECONOMÍA “CÁLCULO DEL VALOR EN RIESGO DE UN PORTAFOLIO DE INVERSIÓN CON INSTRUMENTOS DEL MERCADO DE CAPITALES DEL SECTOR TELECOMUNICACIONES” TESINA QUE PARA OBTENER EL TÍTULO DE: LICENCIADO EN ACTUARÍA PRESENTA: LAURA VIVIANA MENDOZA LOPEZ ASESOR: M. EN E. JUAN JOSÉ LECHUGA ARIZMENDI REVISORES: M. EN C.I. OSWALDO TAPIA REYNOSO M. EN E. RAFAEL JUAREZ TOLEDO TOLUCA, ESTADO DE MEXICO. MARZO 2015 ÍNDICE GENERAL ÍNDICE DE TABLAS Y GRÁFICAS ........................................................................ 5 INTRODUCCIÓN .................................................................................................... 7 CAPITULO 1. SISTEMA FINANCIERO MEXICANO ............................................ 10 1.1 Sistema Financiero Mexicano ...................................................................... 10 1.2 Sector Bancario en México .......................................................................... 12 1.2.1 Banca Múltiple .............................................................................................. 13 1.2.2 Banca de Desarrollo ..................................................................................... 14 1.3 Sector Bursátil en México ............................................................................ 15 1.3.1 Bolsa Mexicana de Valores ......................................................................... 16 1.3.2 Intermediarios Bursátiles ............................................................................. 16 1.3.3 Sociedades