AT&T agrees to sell Mexico operations to Televisa and Fintech Holdings
1 Yesterday 4:15 PM · 12h ago · 1 article · 2 posts · 2 sources · development 1 of 2
Grupo Televisa and Fintech Holdings have agreed to purchase AT&T Mexico for $2 billion in cash, subject to adjustments and additional contingent benefits. The deal is expected to close in Q1 2027 pending Mexican regulatory approvals.
“This move positions AT&T Mexico to participate in that evolution and is consistent with our long-term strategy to focus our capital allocation on opportunities for growth in the vibrant U.S. market.”
John Stankey, AT&T Chairman and CEOGrupo 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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What was reported 2 claims about this development
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first by Rio Times, 54m ago
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first by Bloomberg Tech, 12h ago
What people said 1 voice · verbatim
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Televisa, Fintech to Buy AT&T Mexico for $2 Billion https://www. bloomberg.com/news/articles/20 26-10-13/televisa-fintech-holdings-to-buy-at-t-mexico-for-2-billion?utm_source=flipboard&utm_medium=activitypub Posted into Bloomberg Television @ bloomberg-television-bloomberg
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