TV Grupo Televisa SA

Grupo Televisa announced a $2 billion deal to acquire AT&T’s entire Mexican wireless business through a 50-50 joint venture with Fintech Holdings, marking AT&T’s full exit from Mexico after more than a decade. The acquisition would give Televisa approximately 24.7 million mobile subscribers and position it as Mexico’s first fully integrated provider of mobile and fixed broadband, pay-TV and landline services. Televisa currently reaches 12 million homes through its fixed broadband network and aims to expand coverage to 20 million by mid-2027. The transaction is expected to close in Q1 2027, subject to Mexican regulatory approval. Shares of Televisa fell 0.9%, while AT&T gained 1.6% on the day. The broader market had little directional impact, with the S&P 500, Dow Jones and Nasdaq closing nearly unchanged. Investors are also watching Televisa’s quarterly earnings, scheduled for Oct. 22, which should provide further insight into its financial outlook. $TV $T

$TV doesn’t look like anybody on channel 34 is gonna be retiring soon. wouldn’t you wanna wait for the stock price to go up? I got imagine some of them have some stock option. I mean at least wait till $18 a share, I know it’s been a while but just wait. it’s another few years in the grind

$TV Grupo Televisa (Mexican cable TV) and Fintech agreed to buy AT&T Mexico, the No. 2 mobile operator, 50/50 for US$2B. Televisa's US$400M share is 24% of June 30 cash; Fintech puts in its own funds, and the group plans up to US$1.4B non-recourse secured debt (US$1.2B term loan, US$200M revolver). A June 2026 convertible raised Ps.6,917.8M, partly for this stake, and converts mandatorily in June 2027 into 19.48% of Televisa's capital stock; it was privately placed with insiders and Fintech Latam, which will then hold 22.3%. Close seen Q1 2027.