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
Mexicana de Aviación established in Mexico. Mexicana rebranded its regional subsidiary, Aerocaribe, as "Click Mexicana" and promotes it as a low-cost carrier. This is part of the company's plan to remain competitive as the aviation industry changes and competition intensifies. Another component includes increasing international presence. Also, the color scheme was changed again to a dark blue tail and blue lettering on a white background. Despite government announcements indicating that the airlines were going to be privatized, that move did not occur until November 29, 2005, when CINTRA sold Mexicana and its subsidiary, Click Mexicana, to the Mexican hotel chain Grupo Posadas for