AT&T to sell AT&T Mexico to Grupo Televisa and Fintech Holdings for $2B in cash

AT&T (T [https://seekingalpha.com/symbol/T]) on Tuesday said it has reached an agreement to sell AT&T Mexico to Grupo Televisa and Fintech Holdings for $2 billion in cash at closing. “The transaction sharpens AT&T's focus and capital allocation on building the strongest network in the United States through continued investments in fiber and 5G, further aligning its portfolio with its long-term strategy of advanced connectivity and convergence,” the company said [https://seekingalpha.com/pr/20684701-at-and-t-to-sell-at-and-t-mexico-to-grupo-televisa-and-fintech-holdings]. The transaction is expected to close in the first quarter of 2027.