Mexico joins AT&T rebellion

Mexico has joined Brazil in saying that the AT&T planned merger with Time Warner cannot go ahead unless AT&T sells off its Sky Mexico pay-TV subsidiary. Brazil issued a similar demand last week.

Mexico’s Federal Telecommunications Institute (IFT) regulator said that once AT&T disposes of its 41 per cent stake in Sky Mexico, and that AT&T isolates Time Warner’s HBO LatAm activities, then the merger with Time Warner can proceed.

AT&T owns 93 per cent of Sky Brazil.

IFT explained that it considered there were also risks of AT&T coordinating its activities with the giant Televisa broadcasting group.

AT&T on August 24 reached a joint roaming agreement with América Móvil.

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