Overview
- Business and tech outlets report that Televisa, through Izzi, is the frontrunner to buy AT&T’s Mexican unit, with Cerberus and Deutsche Bank also cited as finalists.
- Bloomberg reporting referenced in the coverage pegs the potential transaction at roughly $3–4 billion, and AT&T is said to be working with advisers on an exit.
- AT&T Mexico serves about 23 million users, and the business has faced thin margins against América Móvil’s dominance and the rise of low‑cost virtual operators.
- Televisa shares rose as much as 2.2% intraday before closing up about 1.2% on the session following the reports, according to BMV data.
- Any transfer of control would be reviewed by the ATDT and competition authorities, users would retain their numbers with portability rights, and regulators could impose conditions to safeguard competition.