Time Is on AT&T’s Side in Wait for Slim’s Assets: Real M&A

AT&T Inc. has no reason to hurry into any more deals in Mexico. In fact, the more patiently the U.S. phone company waits, the better.

AT&T has made two acquisitions this year in its expansion into Mexico -- neither with billionaire Carlos Slim, who dominates the country’s communications industry. Instead, AT&T has committed more than $50 billion to buying Mexican wireless carrier Grupo Iusacell SA and DirecTV, which has a stake in satellite-TV service Sky Mexico.