AT&T has agreed to sell its Mexican wireless business to a 50-50 venture between Grupo Televisa and Fintech Holdings for US$2 billion. The deal is described across outlets as an agreement that still requires regulatory approval before it can be completed.
Bloomberg adds broader context, saying the purchase is positioned as a move to strengthen competition in Mexico’s mobile market, including against the mobile holdings of billionaire Carlos Slim. Other sources focus more on the transaction value and ownership structure, rather than the competitive landscape.
While details such as deal timing and specific regulatory steps are not elaborated in the provided summaries, all outlets describe the same core terms: a $2 billion price, a Televisa–Fintech joint venture as the buyer, and the need for approvals from regulators in Mexico.
