AT&T books $2.6 billion impairment on Mexico exit; América Móvil calls Televisa a "strong competitor"
AT&T recognized a $2.6 billion accounting impairment tied to its agreement to sell its Mexican mobile operation to a consortium of Grupo Televisa and Fintech Holdings, according to its third-quarter 2026 balance sheet. Its Mexican unit billed $1.24 billion, up 13.2% year on year, with EBITDA of $236 million. Daniel Hajj, América Móvil's CEO, called Televisa a "strong competitor" and asked for a regulatory "level playing field." Megacable is negotiating agreements with Telcel.
In 45 seconds
- AT&T reported a $2.6 billion impairment charge on the sale of its Mexican mobile operation to Televisa and Fintech Holdings.
- AT&T Mexico billed $1.24 billion in 3Q26, up 13.2% year on year, with EBITDA of $236 million and operating costs up 11.4%.
- América Móvil, controlled by Carlos Slim, sees Televisa as a "strong competitor" and will ask regulators for a "level playing field" to offer restricted TV through Telmex.
Read the full story at El Imparcial
IASummary generated by artificial intelligence from a story by El Imparcial. It may contain errors: the original source prevails.
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