AT&T sells Mexico unit to Televisa and Fintech for USD 2 bln

AT&T has a court-approved $177 million settlement for 2024 data breaches. Claim period closed; payments may be sent within 60 days of the effective date, pending appeals. Estimated payouts range from $6.50 to $40, depending on the tier.

AT&T agreed to sell its Mexican operations to Grupo Televisa and Fintech Holdings for $2 billion. The deal, expected to close in Q1 2027, will allow AT&T to focus on U.S. operations. Televisa and Fintech will each hold a 50% stake, combining assets to offer bundled services. AT&T entered Mexico in 2015 but struggled to compete with Telcel.

AT&T has agreed to sell its Mexican wireless business, AT&T Mexico, to a consortium of Grupo Televisa and Fintech Holdings for $2bn in cash. The sale, expected to close in Q1 2027, will allow AT&T to focus on US fibre and 5G networks. AT&T Mexico had 24.7 million subscribers, $4.64bn in revenue, and $14m in operating income in 2025, according to the company.

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AT&T agreed to sell its Mexico wireless business for $2 billion to a consortium of Grupo Televisa and another buyer. The deal is expected to close in Q1 2027, pending regulatory approvals. AT&T plans to reclassify the asset in its Q3 2026 filing.

AT&T will sell its Mexican unit to Grupo Televisa and Fintech Holdings for $2bn. The deal, expected to close in Q1 2027, will expand Televisa's subscriber share in Mexico. AT&T aims to focus on US growth opportunities, according to CEO John Stankey. AT&T's Mexican market share is around 18%, with 24.7 million wireless subscribers.