TV, US40049J2069

Grupo Televisa plans USD 2 billion AT&T deal as Grupo Televisa stock is valued at USD 1.2 billion

Published on 10/26/2026 at 12:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Televisa plans a 50 percent stake in AT&T Mexico. Grupo Televisa stock costs EUR 2.12 on October 26, 2026.

Televisa expands its mobile strategy

Televisa approved a 50 percent AT&T Mexico interest on October 12, 2026.
Second-quarter 2026 revenue reached MXN 14.3 billion, down 3 percent year over year.
Grupo Televisa stock trades at EUR 2.12 at 12:13 p.m. CET at Lang & Schwarz on October 26, 2026.
Third-quarter results are scheduled for October 28, 2026.

TV, US40049J2069, Illustration mit AI erstellt.

Grupo Televisa (ISIN US40049J2069) was trading at EUR 2.12 at Lang & Schwarz on October 26, 2026, at 12:13 p.m. CET. The company plans to acquire AT&T Mexico with Fintech Mercury for USD 2,000 million, giving Televisa a 50 percent economic interest, according to StockTitan on October 13, 2026.

Mobile expansion carries financing risk

The transaction would give Televisa exposure to a nationwide mobile network while expanding its existing telecommunications platform. The filing says the purchaser group expects secured debt financing of up to USD 1,400 million, including a term loan of up to USD 1,200 million and a revolving facility of up to USD 200 million.

Televisa's board approved the participation on October 12, 2026, subject to regulatory approvals and other closing conditions. The filing also says the acquisition would be accounted for through the equity method and that the illustrative pro forma analysis would reduce income before taxes by 44 percent for the six months ended June 30, 2026.

What does the deal mean for earnings?

The latest operating figures show both recovery and pressure. In the second quarter of 2026, revenue was MXN 14.3 billion, down 3 percent year over year, while operating segment income rose 5 percent to MXN 6.0 billion and the margin expanded to 41.8 percent, according to the Yahoo Finance earnings-call transcript.

Televisa events in sequence

On January 5, 2026, Televisa disclosed an agreement involving 26,332,332,804 Series A shares. On July 23, 2026, it announced second-quarter results with revenue of MXN 14.3 billion. On October 13, 2026, the AT&T Mexico transaction was filed with a USD 2,000 million purchase price and a 50 percent Televisa interest.

Upcoming dates for investors

MarketBeat lists October 28, 2026 as the estimated date for third-quarter results. The filing also identifies June 2027 as the scheduled month for mandatory conversion of the convertible debentures, subject to approvals.

Stock price and transaction scale

The acquisition would create a larger mobile footprint, but the pro forma tax and financing effects make the transaction's earnings contribution difficult to separate from its funding structure.

Grupo Televisa stock was trading at EUR 2.12 at Lang & Schwarz on October 26, 2026, at 12:13 p.m. CET. The further course of trading is shown by the continuously updated real-time quote of Grupo Televisa stock.