In Mexico the network operates two stations: XHDF ("Azteca 13") and XHIMT ("Azteca 7"). Both of these enjoy near national coverage.
The network also operates Azteca International, reaching 13 countries in Central and South America. On July 15, 2004, the Canadian Radio-Television and Telecommunications Commission denied a request for Azteca 13 Internacional to be broadcasted via digital paid TV as a third-language channel.
TV Azteca subsidiaries include Azteca America, the fastest-growing television network in the United States; Todito.com, an Internet portal for North American Spanish speakers; and Unefon, a Mexican mobile telephony operator focused on the mass market.
On 5 January2005 the USSecurities and Exchange Commission accused TV Azteca executives (including chairman Ricardo Salinas Pliego) of having personally profited from a multi-million-dollar debt fraud committed by TV Azteca and another company in which they held stock. The charges are among the first brought under the provisions of the Sarbanes-Oxley Act of 2002, introduced in the wake of the corporate financial scandals of that year.
External links
Official Website (http://www.tvazteca.com/)
Azteca America (http://www.aztecaamerica.com/)
Investor Relations (http://www.irtvazteca.com/)
Denying of the Azteca 13 Internacional by Canadian Authorities (http://www.crtc.gc.ca/eng/NEWS/RELEASES/2004/r040715.htm)
SEC accuses Mexican firm of fraud (http://news.bbc.co.uk/2/hi/business/4147975.stm) (BBC)
The new stations extend AztecaAmerica’s coverage to 28 percent of the Spanish-speaking TV market—still not enough to be considered for network ad buys, media buyers say.
AztecaAmerica doesnÂ’t have that advantage, so it has to go outside to help develop its market.
The key for AztecaAmerica may be not to pretend that it is a network and to concentrate on its existing stations.
The Chief Executive Officer (CEO) of Afore Azteca is Luis Armando Melgar.
Afore Azteca was authorized by the Comisión Nacional del Sistema de Ahorro para el Retiro (CONSAR, "National Commission of the System of Retirement Savings") to operate beginning in February 2003.