Grupo Salinas region and by 1987, 59 stores. Elektra Group became a publicly traded company listed on the Bolsa Mexicana de Valores, the Mexican Stock Exchange. In 1993, Grupo Elektra bought the Imevisión government television network and renamed it TV Azteca. TV Azteca created an initial public offering in 1997 on the Mexican and New York stock exchanges. In 2012, Grupo Elektra, a wholly owned subsidiary of Grupo Salinas, acquired Advance America for an estimated $780 million USD. In 2003, Grupo Salinas purchased the telecommunicaions company Iusacell and the mobile phone company Unefón. Iusacell was sold to AT&T in 2014, and rebranded
Asociación Mexicana de Productores de Fonogramas y Videogramas Asociación Mexicana de Productores de Fonogramas y Videogramas Asociación Mexicana de Productores de Fonogramas y Videogramas ("AMPROFON") (English: Mexican Association of Producers of Phonograms and Videograms, A.C.) is a non-profit organization integrated by multinational and national record companies in Mexico. Established on April 3, 1963, it is a trade association of phonographic companies that represent more than 70 percent of the market in Mexico. AMPROFON is an associated member of the International Federation of the Phonographic Industry (IFPI). The organisation was founded under the name Phonographic Discs Producers (AMPRODISC) in Mexico on April 3. 1963. The aim was to create