AT&T Sells Mexican Unit to Televisa and Fintech for $2 Billion
US telecommunications giant AT&T has agreed to sell its Mexican operations to a consortium comprising Grupo Televisa and Fintech Holdings for $2 billion in cash. This strategic divestment allows AT&T to streamline its international footprint while the buyer consortium expands its foothold in Mexico's competitive telecommunications and digital services market.
Source: Reuters on MSN