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
Academia Mexicana de la Lengua Academia Mexicana de la Lengua The Academia Mexicana de la Lengua (variously translated as the Mexican Academy of Language, the Mexican Academy of the Language, the Mexican Academy of Letters, or glossed as the Mexican Academy of the Spanish Language; acronym AML) is the correspondent academy in Mexico of the Royal Spanish Academy. It was founded in Mexico City on 11 September 1875 and, like the other academies, has the principal function of working to ensure the purity of the Spanish language. Academy members have included many of the leading figures in Mexican letters, including philologists, grammarians, philosophers, novelists, poets,