started · updated
Televisa and Fintech to acquire AT&T Mexico for $2 billion
Grupo Televisa and Fintech Holdings have agreed to acquire AT&T Mexico's wireless business for $2 billion in cash. The transaction, structured as a 50-50 joint venture, is expected to close in the first quarter of 2027, pending regulatory approval from the Comisión Federal de Competencia Económica (COFECE) and the Instituto Federal de Telecomunicaciones (IFT).
AT&T Mexico, currently the second-largest mobile operator in the country, reported approximately 24.7 million mobile subscribers as of December 31, 2025. The unit also reported consolidated revenues of 85.4 billion pesos and an operating profit of 1.4 billion pesos for the same period.
For AT&T, the sale allows the company to refocus its capital and investment on its domestic United States market, specifically targeting fiber optic infrastructure and 5G deployment to support future artificial intelligence needs. The acquisition will significantly expand Televisa's presence in the telecommunications sector, potentially serving over 25 million mobile users and 5.8 million fixed-service subscribers.
Entities
AT&T Inc. · América Móvil · David Martinez · Fintech Holdings · Grupo Televisa · John Stankey · Mexico · Mónica Aspe
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 6 SOURCES] Upon completion, Televisa will serve more than 25 million mobile users and add to its existing 5.8 million fixed-service subscribers. noticiasnrt.com · www.itmastersmag.com · nuevolaredo.tv · tribunademexico.com · punto.mx · +1 more
- [● 5 SOURCES] The deal requires authorization from the Comisión Federal de Competencia Económica (COFECE) and the Instituto Federal de Telecomunicaciones (IFT). noticiasnrt.com · www.itmastersmag.com · punto.mx · lajornadaestadodemexico.com · alternativo.mx
- [● 11 SOURCES] The sale allows AT&T to focus its capital allocation on growth opportunities within the United States market. www.lightreading.com · www.itmastersmag.com · nuevolaredo.tv · noticiasnrt.com · tribunadelabahia.com.mx · +4 more
- [● 17 SOURCES] The transaction is expected to be completed during the first quarter of 2027. www.itmastersmag.com · tiempodigital.mx · tribunadelabahia.com.mx · estamosaqui.mx · lajornadaestadodemexico.com · +10 more
- [● 18 SOURCES] The acquisition will be funded through equal contributions from Grupo Televisa and Fintech Holdings using a combination of cash and debt. noticiasnrt.com · www.itmastersmag.com · petroleoenergia.com · nuevolaredo.tv · tiempodigital.mx · +11 more
- [● 29 SOURCES] AT&T Inc. has reached an agreement to sell AT&T Mexico to Grupo Televisa and Fintech Holdings for $2 billion in cash. noticiasnrt.com · www.lightreading.com · www.itmastersmag.com · petroleoenergia.com · nuevolaredo.tv · +23 more
- [● 27 SOURCES] The buyer consortium will consist of Grupo Televisa and Fintech Holdings with a 50% stake each. www.itmastersmag.com · nuevolaredo.tv · tiempodigital.mx · noticiasnrt.com · geekzilla.tech · +22 more
- [● 16 SOURCES] AT&T Mexico had approximately 24.7 million mobile subscribers as of December 31, 2025. petroleoenergia.com · tiempodigital.mx · despertarmexico.com · quintafuerza.mx · nuevolaredo.tv · +9 more
- [● 5 SOURCES] AT&T Mexico reported consolidated revenues of 85,400 million pesos and an operating profit of 1,400 million pesos as of December 31, 2025. petroleoenergia.com · uruguayaldia.com.uy · mayacomunicacion.com.mx · tiempodigital.mx · lajornadaestadodemexico.com