AT & T: Divestiture of Puerto Rico Businesses

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AT & T announces that it is planning to divest its mobile and fixed-line businesses in Puerto Rico and the US Virgin Islands Liberty Latin America, with $ 1.95 billion in closing costs, subject to customary adjustments. The transaction includes network assets (including spectrum), real estate, a customer base (including approximately 1.1 million mobile subscribers) and contracts. About 1,300 employees will be transferred Liberty Latin America.

The operation brings more than $ 11 billion in total development efforts announced or completed this year by the group. Submitted to the reviews of the FCC and the Department of Justice, it should be finalized in six nine months.

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https://www.zonebourse.com/AT-T-14324/actualite/AT-T-cession-des-activites-a-Porto-Rico-29355945/

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