AT&T sells Mexico unit for USD 2 billion as AT&T stock trades at EUR 20.44

Published on 10/14/2026 at 13:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AT&T reported USD 31.56 billion revenue for the quarter ended June 30, 2026. AT&T stock costs EUR 20.44 on October 14, 2026 in trading.

Mexico sale reshapes the portfolio

AT&T agreed to sell its Mexico unit for USD 2.00 billion on October 13, 2026.
Second-quarter revenue reached USD 31.56 billion, up 2.30 percent year over year.
AT&T stock trades at EUR 20.44 at 1:14 p.m. CEST at Lang & Schwarz on October 14, 2026.
Bernstein cut its target from USD 25.00 to USD 24.00 on October 13, 2026.
Third-quarter results are scheduled for October 21, 2026.

Extremes Makrofoto eines Glasfaserkabelbündels mit türkis-orangefarbenen Lichtkernen im Querschnitt — AT&T Inc. Glasfaserkabel-Querschnitt in extremer Makroaufnahme zeigt leuchtende Lichtkerne der Aktie US00206R1023, Illustration mit AI erstellt.

AT&T Inc. (ISIN US00206R1023) agreed to sell its Mexico wireless business for USD 2.00 billion on October 13, 2026, while AT&T stock was trading at EUR 20.44 at Lang & Schwarz on October 14, 2026 at 1:14 p.m. CEST. The transaction redirects capital toward US fiber and 5G networks and is expected to close in the first quarter of 2027.

Mexico sale reshapes the portfolio

According to AT&T on October 13, 2026, Grupo Televisa and Fintech Holdings will acquire the business for USD 2.00 billion in cash, subject to adjustments and additional contractual benefits. AT&T said the sale sharpens its focus on US connectivity investments.

Reuters reported on October 13, 2026 that the Mexican unit had 24.70 million subscribers as of December 2025 and generated MXN 85.40 billion in 2025 revenue. The deal therefore removes a sizeable international operation while giving AT&T a defined cash consideration.

What does the deal mean for AT&T?

The portfolio shift comes after AT&T reported USD 31.56 billion of revenue for the second quarter of 2026, up 2.30 percent year over year, according to Ticker Scout. The same filing summary reported adjusted earnings per share of USD 0.65, compared with USD 0.54 in the year-earlier quarter.

The immediate counter-factor is competition in broadband and wireless. On October 13, 2026, Investing.com reported that Bernstein downgraded AT&T to Market Perform from Outperform and cut its price target from USD 25.00 to USD 24.00, citing pressure from SpaceX broadband and wireless expansion.

Three dated strategic steps

AT&T closed its Lumen Mass Markets fiber transaction for USD 5.76 billion on February 2, 2026, according to the Q2 filing summary. It then completed a USD 23.00 billion spectrum acquisition from EchoStar on July 28, 2026. The October 13 Mexico agreement for USD 2.00 billion is the latest of these three portfolio actions.

Upcoming reporting date

MarketBeat expects AT&T to report third-quarter 2026 results before the market opens on October 21, 2026. Its cited consensus calls for earnings per share of USD 0.60 and revenue of USD 31.69 billion, while full-year 2026 guidance remains USD 2.25 to USD 2.35 in earnings per share.

Stock quote and investor frame

The current euro quote gives the market a clean reference point as AT&T moves toward the October 21 report. The company had a market capitalization of USD 156.6 billion as of October 14, 2026, based on the latest structured quote, while its NYSE listing remains the primary US reference.

AT&T was trading at EUR 20.44 at Lang & Schwarz on October 14, 2026 at 1:14 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of AT&T stock.