Grupo Televisa agrees to acquire AT&T Mexico: what it means for Grupo Televisa stock
Published on 10/17/2026 at 10:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTelevisa transaction timeline
- Grupo Televisa announced the AT&T Mexico agreement on October 13, 2026.
- The consortium would acquire AT&T Mexico for US$2 billion, subject to adjustments.
- The transaction requires regulatory approvals and is expected to close in the first quarter of 2027.
Grupo Televisa announced on October 13, 2026, that it and Fintech Holdings had agreed to acquire AT&T’s wireless telecommunications business in Mexico for US$2 billion, subject to adjustments. The announcement was made in a Grupo Televisa investor-relations release.
Grupo Televisa and Fintech would each own 50% of the consortium. The consortium expects to finance the transaction through cash on hand and non-recourse secured debt financing, according to the release.
Transaction details
AT&T Mexico had approximately 24.7 million wireless subscribers as of December 31, 2025. The business reported consolidated revenue of 85.4 billion pesos and operating income of 1.4 billion pesos for the year ended December 31, 2025.
Grupo Televisa said it anticipates accounting for the acquisition as an investment in a joint venture using the equity method under applicable IFRS Accounting Standards. The transaction remains subject to customary closing conditions, including regulatory approvals, and is expected to close in the first quarter of 2027.
Weekend trading
Xetra is closed on October 17, 2026. The next price is shown from the start of trading by the continuously updated real-time quote of Grupo Televisa stock.
Market context: Market report S&P 500.
Dates of the coming week
The next Xetra session is scheduled for October 19, 2026. The transaction announcement states that the proposed acquisition is expected to close in the first quarter of 2027, subject to regulatory approvals.
