墨西哥墨西哥电视集团（Grupo Televisa，股票代码TLEVISACPO.MX）周五表示，收购AT&T墨西哥子公司将实质性增强其竞争地位，但净债务将上升。
Mexico's Grupo Televisa (TLEVISACPO.MX) said on Friday that the purchase of AT&T Mexican unit will materially strengthen its competitive position while the net debt will rise.
这笔20亿美元的交易是与Fintech Holdings按50/50比例组建合资企业的方式推进的，预计将在2027年第一季度完成，尚待监管批准，届时将创建一家拥有约2400万无线用户的合资企业。
The $2 billion deal, pursued as a 50/50 joint venture with Fintech Holdings, is expected to close in the first quarter of 2027 pending regulatory approvals, creating a venture with about 24 million wireless subscribers.
- 墨西哥电视集团联席首席执行官阿方索·德安戈伊蒂亚在分析师财报电话会议上表示，合并后的资产还将包括570万宽带用户和630万视频用户。
• Combined assets would also include 5.7 million broadband and 6.3 million video subscribers, Grupo Televisa co-CEO Alfonso de Angoitia said at an earnings call with analysts.
- 他补充说，交易完成后，墨西哥电视集团的净债务与EBITDA之比预计将从第三季度末的1.6倍升至1.9倍。
• Televisa's net debt to EBITDA is expected to rise to 1.9 times after the deal, from 1.6 times at the end of the third quarter, he added.
- 每位合作伙伴将出资4亿美元股权，其余12亿美元将通过五年期无追索权贷款融资。
• Each partner will contribute $400 million in equity, with the remaining $1.2 billion funded through a five-year non-recourse loan.
- 合并后的年收入将达到约80亿美元，约占墨西哥电信市场的23%。
• Combined annual revenue would reach around $8 billion, roughly 23% of Mexico's telecom market.
- 这位高管表示，此次收购“使我们处于非常有利的位置，得以巩固我们作为我国第二大电信运营商的无可争议的地位”。
• The acquisition, "positioned us very well to consolidate our undisputable position as the second largest telco operator in our country," the executive said.
- 周四，这家全球最大的西班牙语内容制作商公布第三季度恢复盈利，原因是收入疲软被财务和税费支出下降所抵消。
• On Thursday, the world's largest producer of Spanish-language posted a return to profit in the third quarter, as softer revenue were offset by lower financial and tax expenses.
- 收购AT&T墨西哥公司——该公司2025年底的收入为854亿比索，营业收入为14亿比索——标志着墨西哥电视集团第二次尝试进入竞争激烈的电信行业，此前在2012年至2014年间曾有过一次未成功的尝试。
• The acquisition of AT&T Mexico, which ended 2025 with revenue of 85.4 billion pesos and operating income of 1.4 billion pesos, marks Televisa's second attempt to enter the competitive telecom sector, after an unsuccessful effort between 2012 and 2014.