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AT&T to Sell Mexico Unit for $2 Billion
The sale includes 24.7 million subscribers and is expected to close in early 2027 after Mexican regulatory approvals.
- On Tuesday, AT&T Inc. agreed to sell AT&T Mexico to Grupo Televisa and Fintech Holdings for $2 billion in cash, subject to adjustments and additional contractual benefits.
- The divestiture sharpens AT&T's capital allocation toward building the strongest fiber and 5G network in the United States through continued investments aligned with advanced connectivity strategy.
- According to Televisa, AT&T Mexico reported 85.4 billion pesos in revenues and 1.4 billion pesos in operating income for 2025. The country's second-largest mobile operator held approximately 24.7 million subscribers as of December 2025.
- The transaction is expected to close in the first quarter of 2027, pending customary regulatory approvals in Mexico. AT&T will classify the unit as held-for-sale in its third-quarter 2026 SEC filing.
- CEO John Stankey stated, "We have articulated a strong belief that the AI future will run on converged networks with dense fiber assets." He added the move positions the Mexican unit for its next growth phase.
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Mexico City, Oct 13 (EFE).- The American AT&T agreed to sell for $2 billion its mobile phone business in Mexico to a consortium made up of Grupo Televisa and Fintech Holdings, in an operation that marks its exit from the Mexican market after more than a decade of investments and the return of the giant [...] Entry Televisa and Fintech agree to buy AT&T Mexico for $2 billion was first published in HolaNews.
The telecommunications company provides mobile phone and internet services to more than 24 million users in the country
·Madrid, Spain
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Televisa will become Mexico's second largest telecommunications operator.
·Mexico
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AT&T will sell AT&T Mexico to Televisa Group and Fintech Holdings
·Buenos Aires, Argentina
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Total News Sources24
Leaning Left3Leaning Right2Center5Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 30%
C 50%
R 20%
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