The transaction involves the acquisition of AT&T’s wireless telecommunications business in Mexico, as well as the related financing. The transaction is subject to regulatory approvals and is expected to close in the first quarter of 2027.

Mexico’s labor legislative agenda continues to move forward at a significant pace. During September 2026, 56 labor reform bills were introduced before Congress, bringing the current LXVI Legislature of the Congress of the Union to more than 550 labor-related proposals to date. The main topics addressed during the month include the regulation of overtime, the implementation of the gradual reduction of the workweek, the effective use of vacation days, pay transparency, and the impact of artificial intelligence on employment.

On September 30, 2026, the National Energy Commission (“CNE”) published in the Federal Official Gazette a decree amending (the “Amending Decree”) the decree establishing the methodology for determining the charge applicable to the electricity transmission service provided by suppliers to permit holders with electricity generation facilities under the Public Electricity Service Law, published on June 18, 2026 (the “Original Decree”).