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AT&T Agrees to Sell AT&T Mexico for $2 billion

TIKR ·

T AT&T Inc
$22.85 +1.60%
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  1. 1AT&T has agreed to sell AT&T Mexico to a consortium consisting of Grupo Televisa and Fintech Holdings for $2 billion.
  2. 2AT&T Mexico revenue grew 59% from $2.75 billion in 2021 to $4.38 billion in 2025.
  3. 3AT&T stated that this sale will increase its capital allocation focus on fiber and 5G in the United States.

So what's the key point?

AT&T has decided to sell its Mexico business for $2 billion. The company plans to use the proceeds to invest more in building telecommunications networks within the United States.

Source TIKR · View original ↗

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