Tuesday, October 02, 2018

Telefónica would look for a partner and AT&T is on target

The possible sale of Mexico and Central America subsidiaries to lighten the debt of the Spanish company is an appealing issue for the consolidation of the US operator in the region. But it could also be part of a broader negotiation, including an association or participation of AT&T in Telefónica.

As of the end of September, the possibility for Telefónica to divest its shareholdings in Mexico and Central America was raised again. Throughout the region, the media responded to the Mexican newspaper "El Economista", which cites "sources knowledgeable of the situation", according to which the operator has been working for months on the evaluation of these businesses, since they are not strategic for the group.

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