Alfa completes Alestra buyout

13 Jul 2011

Mexican conglomerate Alfa Group has reportedly completed the purchase of AT&T Telecom Mexico’s 49% stake in fixed line and broadband provider Alestra. Following approval of the transaction by the relevant regulatory authority in Mexico, RTT News reports that the deal has now been completed, although no financial details of the share purchase have been disclosed. On the back of the stake acquisition Alfa is now the sole shareholder in Alestra.

Mexico, Alestra (incl. Alestra Movil)