Mexico Regulators Approve AT&T Acquisition of Time Warner
Companies Expect to Close the Transaction by the End of 2017
The Instituto Federal de Telecomunicaciones (IFT) and the Comisión Federal de Competencia Económica (COFECE) have approved AT&T’s* pending acquisition of Time Warner Inc.
“We appreciate the work of both COFECE and IFT to review, analyze and approve the AT&T-Time Warner merger on its merits,” said David McAtee, Senior Executive Vice President and General Counsel, AT&T Inc. “The merger of our two companies will bring together the world’s best premium content with the networks to deliver that content to every screen, however customers want it.”
AT&T and Time Warner continue to expect to close the deal by year-end 2017.
*About AT&T
AT&T Inc. (NYSE:T) helps millions around the globe connect with leading entertainment, business, mobile and high speed internet services. We offer the nation’s best data network** and the best global coverage of any U.S. wireless provider. We’re one of the world’s largest providers of pay TV. We have TV customers in the U.S. and 11 Latin American countries. Nearly 3.5 million companies, from small to large businesses around the globe, turn to AT&T for our highly secure smart solutions.
AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc. Additional information about AT&T products and services is available at about.att.com. Follow our news on Twitter at @ATT, on Facebook at facebook.com/att and on YouTube at youtube.com/att.
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**Claim based on the Nielsen Certified Data Network Score. Score includes data reported by wireless consumers in the Nielsen Mobile Insights survey, network measurements from Nielsen Mobile Performance and Nielsen Drive Test Benchmarks for Q1 + Q2 2017 across 121 markets.
