Use your favorite AI to analyze AT&Ts business savvy with regard to AT&T Mexico. “Massive Destruction of Capital” is probably my favorite term that was used in its analysis. Par for the course. It is literally THE ONLY THING that Stankey and team are good at. And they excel at it. And no one is EVER held accountable to the shareholders by the BOD. EVER.
“ • The Entry (2015): AT&T aggressively entered the market by acquiring Iusacell for $2.5 billion and Nextel Mexico for $1.875 billion, totaling roughly $4.375 billion in headline acquisition costs.
• The Exit (2026): After more than a decade of operations, AT&T agreed to sell the unit to a consortium of Grupo Televisa and Fintech Holdings for just $2 billion in cash.
This means AT&T recovered less than half of its original purchase price, completely erasing over $2.3 billion in asset value. This calculation doesn't even account for the billions of additional dollars AT&T poured into building out its Mexican 4G/5G infrastructure and funding years of operating losses over the last 11 years“