AT&T Sells Mexican Unit to Televisa and Fintech for $2 Billion
AT&T has agreed to sell its Mexican wireless operations to Grupo Televisa and Fintech Holdings for $2 billion in cash. This strategic divestment allows the U.S. telecom giant to pivot and concentrate its resources on domestic fiber and 5G network expansion, marking a significant shift in its international footprint and capital allocation strategy.
Source: Reuters on MSN