0
General

AT&T looking to sell operations in Puerto Rico - report

Friday 19 July 2019 | 09:51 CET | News
AT&T has hired a financial advisor for the potential sales of its operations in Puerto Rico, Reuters reported, citing sources familiar with the matter. The company has been looking at different ways to cut its debt, including the sale also of its regional sports networks. A divestment of its business in Puerto Rico could bring in USD 3 billion and interest is strong, but the sources said it is still possible no deal materializes.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: General
Countries: United States
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

AT&T sells Puerto Rico, USVI assets to Liberty Latin America for USD 1.95 bln

Published 09 Oct 2019 16:46 CET | Puerto Rico
AT&T has agreed to sell its operations in Puerto Rico and the US Virgin Islands to Liberty Latin America for USD 1.95 billion in ...

AT&T sees pay-TV customer losses increasing by 300,000 in Q3

Published 12 Sep 2019 09:13 CET | United States
AT&T said it expects to lose more pay-TV subscribers in the third quarter, due to tough negotiations over new distribution ...

Elliott Management calls for turnaround plan at AT&T

Published 09 Sep 2019 15:41 CET | United States
The activist investor Elliott Management has launched a call for a strategic rethink at AT&T, saying it has a plan to turnaround ...

AT&T raises cash flow target after drop in Q2 earnings

Published 24 Jul 2019 12:57 CET | United States
AT&T has raised its target for free cash flow this year, supported by better working capital management, after reporting a record ...

AT&T mulls sale of regional sports networks to cut debt - report

Published 03 Jul 2019 14:52 CET | United States
AT&T could decide to sell its four regional sports networks in order to help it reduce debt, Bloomberg reported, citing sources ...

AT&T completes sale of NYC office space for USD 2.2 bln

Published 17 Jun 2019 09:01 CET | United States
AT&T's WarnerMedia has completed the sale-leaseback of its premises at 30 Hudson Yards in New York City to a consortium for about ...





Calendar   /   Industry Events

18 Oct Apple Event
19 Oct A1 Telekom Austria Q3 2021
19 Oct Tele2 Q3 2021
19 Oct Netflix Q3 2021
19 Oct Iridium Q3 2021
19 Oct Arm DevSummit
19 Oct Pixel Fall Launch
19 Oct Arm DevSummit
20 Oct Crown Castle Q3
20 Oct Verizon Q3 2021
20 Oct Elisa Q3 results
20 Oct Bango strategy day
20 Oct Samsung Unpacked Part 2
21 Oct AT&T Q3 2021
21 Oct Orange Belgium Q3 2021
21 Oct Telenor Q3 2021
21 Oct Intel Q3
21 Oct Telia Q3 results
21 Oct Snap Q3
22 Oct Doro Q3 results
22 Oct Ericsson Q3 2021
::: More Calendar Items