AT&T sells Mexico unit to Televisa, Fintech for $2 billion
TV•AT&T agreed to sell its Mexican unit to Grupo Televisa and Fintech Holdings for $2 billion in cash. The deal is expected to close in the first quarter of 2027, pending regulatory approvals in Mexico.
1. Deal details
AT&T said it agreed to sell its Mexican unit to Grupo Televisa and Fintech Holdings for $2 billion in cash. The purchase price is subject to adjustments, with additional contractual and contingent benefits; the deal is expected to close in the first quarter of 2027, pending regulatory approvals in Mexico.
2. Business figures
AT&T Mexico had approximately 24.7 million subscribers as of December 2025. It reported 2025 revenues of 85.4 billion pesos and operating income of 1.4 billion pesos. Televisa and Fintech each own 50% of the purchasing consortium.
3. AT&T strategy
AT&T said the sale sharpens its focus on domestic fiber and 5G networks. The company plans to classify AT&T Mexico as held-for-sale in continuing operations in its third-quarter 2026 SEC filing.
