Mexican Cable-TV Firm To Release Client Payment Histories.

MEXICO CITY, Jul 24, 2001

Mexican cable-TV provider Cablevision, which is 51-percent owned by media giant Grupo Televisa (BMV:TLEVISA, NYSE:TV), beginning Sept. 1 will supply Buro de Credito, a privately owned credit-history agency, with payment records of its subscribers, for consideration by banks and department stores in consumer loan authorization procedures, Mexico City daily Reforma reported. At the end of June, Cablevision had 421,000 subscribers in and around Mexico City. By the end of the year, the company's number of subscribers is expected to reach around half a million, 30 percent of whom are users of its digital service. Buro de Credito operates a database with information on the credit background of more than 25 million individuals and more than 1 million companies, according to the report. Among the company's clients are banks, retailers, realtors, auto dealerships and credit unions.

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