AT&T Prowling for More Latin America Deals After DirecTV

Even after buying DirecTV and its 18 million subscribers in Latin America, AT&T Inc. is on the lookout for more acquisitions in the region, which is growing 10 times faster than the U.S.

The $48.5 billion takeover -- inching closer to completion after DirecTV shareholders voted in favor -- will give AT&T satellite-TV subscribers across Latin America, particularly in Mexico and Brazil. The deal will mark AT&T’s first push outside the U.S. in more than a decade, expansion that is crucial to driving growth as the domestic wireless industry becomes more saturated, according to Fitch Ratings.