AT&T Sells Mexico Unit for $2B
ATT agreed to sell its Mexican unit to Grupo Televisa and Fintech Holdings for two billion dollars in cash. The deal shifts focus to domestic networks and is expected to close in early 2027 pending regulatory approvals.
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AT&T Inc. agreed to sell its Mexican unit to a consortium of Grupo Televisa, S.A.B. and Fintech Holdings for $2 billion in cash on Tuesday. The exit concludes a push into Mexico that began with the 2014 purchase of Iusacell. United States carrier AT&T is shifting focus to domestic fiber and 5G networks.
