His enthusiasm throughout the years eventually led him to important temporary contracts with Mexican and international companies.
At the same time the high rates became a greater burden for Mexican companies needing credit to grow.
It was the first new loan to a private Mexican company since the debt crisis began in 1982.
A Mexican company was founded in 1887 for the same purpose.
"A few years ago, if you were a Mexican company, they didn't care," he said.
The acquisition would be the largest ever by a Mexican company.
In all, Mexican companies sold $4.8 billion of new stock last year.
Its license and transmitter is owned by a Mexican company.
But it has been Mexican companies that have come up with the most innovative ideas.
There is an impetus for the Mexican companies to move fast.