AT&T has reached an agreement to sell its Mexican business unit to a consortium owned equally by Grupo Televisa and Fintech Holdings. The deal is valued at $2 billion in cash, alongside additional contractual and contingent benefits, according to reports citing the companies involved. The transaction is expected to close in the first quarter of 2027.
The sale remains subject to regulatory approval in Mexico. Once finalized, the transfer will shift control of the telecommunications unit to the local consortium. This move marks a significant restructuring of AT&T’s international footprint as the company offloads its Mexican assets to the joint venture partners. #AT&T #BusinessNews #Telecommunications #Mexico #Televisa