Grupo Televisa SAB Acquires AT&T's Stake in Sky Mexico

Mexico’s Televisa to Acquire AT&T's Stake in Sky

Grupo Televisa SAB has announced its acquisition of AT&T Inc.’s stake in paid TV business Sky Mexico, resulting in Televisa owning 100% of Sky. The financial details of the transaction have not been disclosed, but the payment is expected to be made in 2027 and 2028.

Key Takeaways:

• Grupo Televisa SAB is set to purchase AT&T Inc.’s stake in Sky Mexico, granting it full ownership.
• The financial specifics of the transaction have not been revealed, except for the expected payment timeline in 2027 and 2028.

Analysis:

The acquisition of AT&T Inc.’s stake in Sky Mexico by Grupo Televisa SAB signifies a strategic move to gain complete control over the paid TV business. This acquisition could potentially lead to enhanced operational efficiencies and greater control over the future direction of Sky.

Do You Know?

• Grupo Televisa SAB is a prominent media company in Mexico, engaging in the production of content for pay television subscription and networks worldwide.
• Sky Mexico is a significant player in the paid TV business, offering a wide range of entertainment and sports content to its subscribers in Mexico.