Overview
- Multiple outlets report that Televisa, via izzi, is in the final stretch to acquire AT&T México, though neither company has confirmed the talks.
- The reported valuation ranges from $3 billion to $4 billion, reflecting a transaction that sources say follows AT&T’s board decision to exit Mexico.
- Other potential buyers cited include Cerberus Capital Management and Deutsche Bank, with analysts still viewing Televisa as the frontrunner.
- AT&T México serves roughly 23–24 million lines—about 15–17% market share—and analysts say a buyer would need significant investment in spectrum, network upgrades, and marketing.
- Any transfer of concessions would require clearance from Mexico’s telecom and competition authorities, users would retain their numbers and portability rights, and the potential sale comes as Telefónica’s exit shifts customers toward Virgin/Beyond One in a market dominated by Telcel.