US EditionAT&T Seeks More Than $2 Billion for Mexico Mobile Unit
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13 Articles
Will it do like Iberdrola? AT&T works with consultants to sell its unit in Mexico, revealed people familiar with the issue, this after more than a decade of efforts to gain ground to Telcel from billionaire Carlos Slim.The company, based in Dallas, hopes to obtain more than 2 billion dollars for the business, pointed out the sources, who requested anonymity due to the confidential nature of the conversations.Deliberations are ongoing and a final…
For more than a decade AT&T bet on conquering the Mexican telecommunications market. Today, the U.S. firm is preparing to leave the country. The company works with advisors to sell its Mexican subsidiary, for which it hopes to obtain more than $2 billion, according to Bloomberg. Although there is still no final decision, the movement marks a turn for one of the largest foreign bets in the telecommunications sector in Mexico.
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eldiariodechihuahua.mxAT&T is working with consultants to sell its unit in Mexico, after fighting for more than one d each to gain ground in front of Telcel.
In 2015, the US company, AT&T, arrived at the telecommunications market in Mexico since then and until 2024, according to its platform, the telephone company has invested more than $10,000 million in the country. However, 10 years after its arrival, it could leave the Mexican market; according to Bloomberg, AT&T would be planning to sell its business for $2 billion.
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