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Grupo Televisa stock: AT&T Mexico deal awaits 2027 approvals

Published on 11/13/2026 at 17:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Grupo Televisa stock traded at 2.04 euros on Lang & Schwarz on Friday, November 13. Its planned AT&T Mexico purchase still awaits regulatory approval.

Deal Awaits Regulatory Approval

Grupo Televisa and Fintech Holdings agreed to acquire AT&T Mexico through an equally owned consortium.
The transaction is expected to close in the first quarter of 2027 after customary conditions and regulatory approvals.
Televisa plans to account for its 50 percent interest as a joint venture investment under the equity method.

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Grupo Televisa and Fintech Holdings agreed on October 13, 2026, to acquire AT&T's wireless telecommunications business in Mexico for 2 billion US dollars, subject to adjustments. The transaction remains pending and is expected to close in the first quarter of 2027.

The filing details were reported by StockTitan, which reproduces Grupo Televisa's Form 6-K. The consortium is owned 50 percent by Televisa and 50 percent by Fintech Holdings, and it plans to use cash on hand together with non-recourse secured debt financing.

What The Transaction Would Add

AT&T Mexico would add a wireless business to Televisa's existing fixed-line broadband and pay-TV operations. AT&T Mexico had 24.7 million wireless subscribers at December 31, 2025, according to the filing.

Televisa expects to contribute an estimated 400 million US dollars for its 50 percent interest by closing. It plans to account for the acquisition as an investment in a joint venture using the equity method, so the acquired operation would not simply be added line by line to consolidated revenue.

Recent Operating Picture

Grupo Televisa reported third-quarter 2026 revenue of 14,077.7 million Mexican pesos, down 3.8 percent from a year earlier. Operating segment income rose 5.6 percent to 5,996.0 million Mexican pesos, while satellite revenue declined 20.5 percent and enterprise revenue increased 6.8 percent.

Net income attributable to company stockholders was 882.7 million Mexican pesos, compared with a loss of 1,932.5 million Mexican pesos in the year-earlier quarter. The result included higher other expense, net, including a non-recurring non-cash impairment loss and increased legal and financial advisory costs.

Share Price Context

Grupo Televisa stock traded at 2.04 euros on Lang & Schwarz at 16:58 CET on Friday, November 13, 2026. That was 2.00 percent above the 2.00-euro quote cited in the November 12 report; this move is separate from the transaction's expected closing timetable.