Televisa to Buy AT&T’s Mexican Unit, Challenging América Móvil
Televisa said it would buy AT&T’s Mexican unit, a deal that would expand its position in Mexico’s telecom market. Televisa shares rose Wednesday after the announcement.
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Televisa’s AT&T Mexico deal boosts its challenge to America Movil
MEXICO CITY, Oct 14 (Reuters) — Shares in Televisa rose on Wednesday after the Mexican broadcaster said it would buy AT&T's Mexican unit, in a move welcomed by investors that will set up a showdown with telecoms giant America Movil. The acquisition, if completed, would significantly expand Televisa’s telecom footprint,