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General

Liberty LatAm finalises acquisition of AT&T Puerto Rico and USVI units

Tuesday 3 November 2020 | 09:03 CET | News
Liberty Latin America (LLA) said it completed its acquisition of AT&T's mobile and wireline operations in Puerto Rico and the US Virgin Islands on 31 October 2020, based on an enterprise value of USD 1.95 billion on a cash- and debt-free basis. The confirmation comes after LLA consented to the US Department of Justice's request to sell part of its B2B landline business in Puerto Rico to local operator WorldNet to secure regulatory approval.

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Categories: General
Companies: AT&T / Liberty Latin America
Countries: Puerto Rico / Virgin Islands (U.S.)
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