AT&T to Sell Its Mexican Unit to Grupo Televisa and Fintech Holdings for $2 Billion
AT&T has agreed to sell its entire stake in AT&T Mexico to Grupo Televisa and Fintech Holdings in a $2 billion all-cash transaction. This strategic divestment allows AT&T to streamline its international footprint and focus on core domestic operations, while the buyers expand their telecommunications presence in the Mexican market.
Source: TipRanks