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ATT sees opportunities in Mexico

Wednesday, September 17, 2014

AT&T is intrigued by Latin America and especially Mexico and would not rule out an opportunistic deal there even as it seeks to complete its $48.5 billion planned takeover of DirecTV, an AT&T executive said.

AT&T is one of several potential buyers Carlos Slim's America Movil has contacted as it tries to sell a chunk of assets.

America Movil said in July it would sell part of its Mexican operations to cut its market share below 50 percent and avoid new regulations designed to curb its dominance.

Source: Reuters