In a Possible Telecom Sector Shake-up, AT&T May Be Leaving Mexico

In a possible telecom sector shake-up, AT&T may be leaving Mexico

AT&T may be packing its bags and preparing to leave Mexico. Bloomberg News reported last week that the U.S. multinational, one of the world’s leading telecommunications companies, is working with financial advisers to find a potential buyer for its Mexican unit. Though consistently lagging far behind Telcel, AT&T has some 23  million users who would be shifted to whatever entity buys the company, assuming there is in fact a sale. (Moisés Pablo/C…

AT&T considers selling-off its Mexican business

AT&T has met with advisors to sell-off its mobile business in Mexico for more than $2 billion after competing against billionaire Carlos Slim for years. Bloomberg reported discussions are ongoing as a final decision is yet to be made. It also stated there’s no guarantee AT&T will find a buyer. A representative for AT&T told Mobile World Live the company does not comment on rumours or speculation. In 2014, AT&T paid $2.5 billion to buy Mexican mo…

AT&T To Spin Off Mexican Mobile Business? - Inside Towers

AT&T (NYSE: T) may be considering selling-off its mobile business in Mexico for more than $2 billion, according to Bloomberg, which reported discussions are ongoing. AT&T has not commented on whether or not it will move forward with finding a buyer, however. AT&T has a history in the Mexican mobile market. In 2014, the company paid $2.5 billion to buy Mexican mobile operator Iusacell from Grupo Salinas and then acquired the Mexican business of N…