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AT&T to sell its Mexico wireless business for $2B, focusing on U.S. fiber and 5G network growth

Company Fundamentals
13 Oct 2026
PRNewsWire
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Bullish
AT&T to sell its Mexico wireless business for $2B, focusing on U.S. fiber and 5G network growth

AT&T has agreed to sell its Mexico wireless unit to Grupo Televisa and Fintech Holdings for $2 billion in cash, aiming to sharpen its focus on expanding fiber and 5G networks in the U.S. The transaction, expected to close in early 2027, aligns with AT&T's strategy to prioritize advanced connectivity and AI-enabled network infrastructure domestically. Grupo Televisa and Fintech Holdings bring local expertise and capital to grow AT&T Mexico further. AT&T assures no changes for U.S. customers and will report AT&T Mexico as held-for-sale until the deal closes.

As of Oct 14, 2026 03:22 WIB, AT&T Inc. shares trade at USD 22.86 on Pluang, showing a 1-day gain of 1.65%. The stock maintains a strong dividend yield of 4.94%, reflecting steady investor interest despite the planned sale of its Mexico wireless unit. Market participants on Pluang predominantly favor buying, with 95% of order activity leaning that way, highlighting confidence in AT&T's focus on fiber and 5G expansion in the U.S.

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