UVEL meaning in Business ?

Univision (Spanish pronunciation: [uniβiˈsjon] (listen)) is an American Spanish-language free-to-air television network owned by Univision Communications. It is the United States' largest provider of Spanish-language content. The network's programming is aimed at the Latino public and includes telenovelas and other drama series, sports, sitcoms, reality and variety series, news programming, and imported Spanish-language feature films. Univision is headquartered in Midtown Manhattan, New York City, and has its major studios, production facilities, and business operations based in Doral, Florida (near Miami).

Univision is available on pay television providers throughout most of the United States, with local stations in over 60 markets with large Latin American communities. Most of these stations air full local newscasts and other local programming in addition to network shows; in major markets such as Los Angeles, Miami, and New York City, the local newscasts carried by the network's owned-and-operated stations are equally competitive with their English-language counterparts ratings-wise. Chief operating officer Randy Falco (who was appointed to the position on January 18, 2011, and officially took over as CEO on June 29 of that year) has been in charge of the company since the departure of Univision Communications president and CEO Joe Uva in April 2011. In March 2018, it was announced that Falco would be retiring and stepping down as CEO.