AT&T Agrees to Sell Mexico Wireless Business to Televisa-Fintech Consortium for $2 Billion
AT&T has agreed to sell its Mexican wireless telecommunications operations to a joint consortium of Grupo Televisa and Fintech Holdings for $2 billion. This strategic divestment allows AT&T to refocus its capital and resources on core domestic markets, while the buyers expand their regional footprint in Latin America's competitive telecommunications sector.
Source: Seeking Alpha