MEXICO CITY (Reuters) -Mexico's largest broadcaster Televisa on Thursday reported its second consecutive quarter in the red, clocking a net loss of 8.662 billion pesos ($510.5 million), with revenues dragged down by its SKY unit.
The fourth-quarter result compares to a net loss of 12.189 billion pesos in the same quarter a year earlier.
The company's revenues reached 18.412 billion pesos in the October-December period, better than expected according to a mean forecast of 18.13 billion pesos, based on analysts polled by LSEG.
The company's operating profits decreased 6.0%.
Televisa's satellite TV unit SKY saw about 160,400 disconnections with a 15.3% fall in revenue.
Televisa's cable segment added 9,600 connections in the quarter between broadband and video subscribers, while revenue dipped 1.8%.
(Reporting by Brendan O'Boyle; Editing by Cassandra Garrison)
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