TV, US40049J2069

Grupo Televisa agrees to buy AT&T Mexico while Grupo Televisa stock costs EUR 2.17

Published on 10/20/2026 at 11:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Televisa will own 50 percent of the AT&T Mexico venture. Grupo Televisa stock costs EUR 2.17 at Lang & Schwarz on October 20, 2026.

Deal expands Televisa's reach

Televisa agreed to acquire AT&T Mexico for USD 2 billion on October 13, 2026.
AT&T Mexico had 24.7 million wireless subscribers on December 31, 2025.
Grupo Televisa stock traded at EUR 2.17 at 11:00 a.m. CEST at Lang & Schwarz on October 20, 2026.
Third-quarter results are expected before market open on October 23, 2026.

TV, US40049J2069, Illustration mit AI erstellt.

Grupo Televisa (ISIN US40049J2069) was trading at EUR 2.17 at Lang & Schwarz on October 20, 2026 at 11:00 a.m. CEST as the company advanced a USD 2 billion acquisition of AT&T Mexico. According to the Grupo Televisa investor-relations page, the transaction was announced on October 13, 2026. For investors, the central question is how a 50 percent stake in the buyer group changes Televisa's telecommunications scale.

Deal brings mobile subscribers

The consortium formed by Televisa and Fintech Holdings will acquire AT&T Mexico for USD 2 billion, subject to adjustments. The two partners will each hold a 50 percent economic interest, with the deal expected to close in the first quarter of 2027, subject to regulatory approvals. AT&T also said the transaction is expected to close in the first quarter of 2027.

What does the deal add?

AT&T Mexico had 24.7 million wireless subscribers as of December 31, 2025. Its reported revenue for that period was 85.4 billion pesos and operating income was 1.4 billion pesos, figures that show the scale of the asset Televisa is adding to its fixed-line and media operations. The acquisition is expected to be accounted for as an equity-method joint venture under IFRS, rather than as a fully consolidated subsidiary.

Three dates define the story

On June 12, 2026, Moody's Ratings downgraded Televisa's issuer and senior debt ratings to Ba2 from Ba1, according to the filing record summarized by StockTitan. On July 23, 2026, Televisa reported second-quarter revenue of USD 816.64 million and a loss of USD 0.05 per share, while the October 13, 2026 acquisition announcement set the new strategic direction.

When are results due?

MarketBeat expects third-quarter 2026 results before the market opens on October 23, 2026, with forecast revenue of USD 812.53 million and earnings of USD 0.03 per share. The same report lists a conference call for October 30, 2026 at 11:00 a.m. ET, giving investors two dates to track while the acquisition proceeds through regulatory review.

Televisa keeps a strategic test ahead

Televisa's existing cable, broadband and satellite businesses provide a local operating base for the planned wireless combination. The transaction therefore adds a quantified subscriber platform, but its financial effect will depend on the closing timetable, regulatory approvals and the joint venture's future operating results. The stock was trading at EUR 2.17 at Lang & Schwarz on October 20, 2026 at 11:00 a.m. CEST.