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AT&T sells Mexico unit to Televisa and Fintech for $2 billion

Televisa shares surge on deal announcement

2 Yesterday 4:20 PM · 12h ago · 7 articles · 1 source · development 2 of 2

Televisa stock jumped 5 percent in after-hours trading on the New York Stock Exchange following news of the acquisition. Scotiabank described the $2 billion price as a 'bargain,' noting the deal will lift Televisa's total fixed and wireless subscriber share in Mexico to 19 percent from 8 percent.

Televisa shares surge on deal announcement
Investing.com News

“We think the low price tag and Fintech involvement is, in itself, bad news for (America Movil), as it means the new owners can focus more resources in capex.”

Scotiabank

Grupo Televisa Acquiring broadcaster and telecom operatorFintech Holdings Co-acquirer and investment firmAT&T Seller of Mexico operationsDavid Martinez Mexican billionaire owner of Fintech Holdings

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1–2Televisa shares surge on deal announcement
yesterday8 AM4 PMnow · 4:33 AM ET

What was reported 1 claim about this development

  1. 4 outlets AT&T to sell Mexico operations for $2 billion

    first by Investing.com News, 12h ago · also Seeking Alpha, Channel News Asia, WSJ US Business

    5 more headlines

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