At a press conference Wednesday, Telmex’s controlling shareholder, billionaire Carlos Slim, said the company’s intention is to distribute television on its network, not to enter the TV content market.

Another television provider would create demand for more content, and work for content providers, he said. The only thing Telmex would be interested in doing, or promoting, is a History Channel focused on Mexico or Latin America, or a regional National Geographic channel, Slim added.