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The station was also known for its "fingers" logo – a bold number "2" with the silhouette of two upright fingers inside the number – and referred to itself as "El canal de los dedos" ("The Channel of the Fingers").
On April 14, 1983, Ramos sold WKAQ-TV to John Blair & Co.
Ramos had tried to obtain a television station license as early as the mid-1940s; however, because of a freeze imposed by the Federal Communications Commission (FCC) that suspended the filing and approval of broadcast license applications for new television stations in the United States and its territories due to World War II, he had to wait until 1954 to obtain the license.
In its early years, Ramos maintained continuity between his radio and television stations by signing an exclusive deal with the most well-known and influential actor/comedian/producer in Puerto Rico, Ramón Rivero – better known as Diplo – whose comedy show El Tremendo Hotel ("The Tremendous Hotel"), which was broadcast on WKAQ radio, was the most popular radio program in Puerto Rican broadcasting history.
In addition, Telemundo operates NBC Universo, a separate channel directed towards young Hispanic audiences; Telemundo Digital Media, which distributes original programming content across mass media, the Telemundo and NBC Universo websites; Puerto Rico telestation WKAQ-TV; and international distribution arm Telemundo Internacional.
Telemundo is headquartered in the Miami suburb of Hialeah, Florida, and has 1,900 employees worldwide.
In an effort to boost its tepid ratings and quell complaints from advocacy organizations such as the National Hispanic Media Coalition that criticized both networks for not featuring content relatable to American Latinos, Telemundo outlined a new strategy to better compete against Univision by increasing production of domestically produced programs.International distributors soon approached the network for the syndication rights to air these programs on television networks in other countries.Telemundo's effort faced an initial setback when Mexico's leading broadcaster, Televisa, purchased production company Capitalvision, which had been producing the telenovelas in conjunction with the network.The following year, KVEA's part-owner, Reliance Group Holdings, acquired the Telemundo brand when it purchased John Blair & Co., which also owned WSCV (channel 51) in Fort Lauderdale–Miami-West Palm Beach in addition to WKAQ-TV. In 1987, Reliance Capital Group executives Saul Steinberg and Henry Silverman merged all these stations into the Telemundo Group.The new corporation quickly went public, and in 1987, Reliance decided to rebrand Net Span as Telemundo.
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In 1984, the owners of WNJU (channel 47) in Linden, New Jersey (serving the New York City area) and KSTS (channel 48) in San Jose, California formed Net Span, the second Spanish-language television network in the continental United States (behind the longer-established Spanish International Network, the forerunner to Univision).