Telecom

An orange AT&T warning sign on a post among bare branches, reading Warning, buried fiber optic cable in this vicinity.

AT&T Took a $2.6 Billion Charge on the Mexican Business It Agreed to Sell for $2 Billion. GAAP Earnings Fell to $0.13 a Share; Adjusted Earnings Rose to $0.65.

AT&T said on Wednesday 21 October that third-quarter revenue rose 5.3 per cent to $32.3 billion and adjusted earnings rose to $0.65 a share from $0.54. GAAP earnings from continuing operations were $0.13 a share after a $2.6 billion non-cash impairment on AT&T Mexico, which it agreed on 13 October to sell. AT&T raised its 2026 adjusted EPS outlook, lowered its capital investment outlook and kept its plan for $24 billion or more of buybacks through 2028.

By Thomas Gutierrez 2 hours ago

The Mexico City skyline seen over the rooftops of Colonia Condesa, with towers on Paseo de la Reforma under a cloudy sky.

World

AT&T Will Sell Its Mexican Wireless Business for $2 Billion, About 0.4 Times Its 2025 Revenue. The Buyers Plan to Borrow Up to $1.4 Billion of the Price.

AT&T said on Tuesday 13 October that it will sell AT&T Mexico to a consortium owned equally by Grupo Televisa and Fintech Holdings for $2 billion in cash at closing, subject to adjustments. A Televisa filing shows the buyers plan to borrow up to $1.4 billion and that Televisa will put in $400 million. Closing is expected in the first quarter of 2027, subject to Mexican regulatory approvals.

By Thomas Gutierrez October 16, 2026

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AT&T Took a $2.6 Billion Charge on the Mexican Business It Agreed to Sell for $2 Billion. GAAP Earnings Fell to $0.13 a Share; Adjusted Earnings Rose to $0.65.

AT&T Will Sell Its Mexican Wireless Business for $2 Billion, About 0.4 Times Its 2025 Revenue. The Buyers Plan to Borrow Up to $1.4 Billion of the Price.