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Telefonica interested in AT&T's LatAm TV assets - report

Monday 18 January 2016 | 14:38 CET | News
Telefonica is eyeing AT&T's pay-TV assets in Latin America, according to unnamed sources cited by Reuters. AT&T bought the assets – valued at around USD 10 billion – as part of the deal to acquire DirectTV's units in Brazil, Colombia, Venezuela, Argentina and other countries. However, one of the sources added that companies such as Liberty Global are also interested in AT&T's assets in specific countries. AT&T has around 19 million pay-TV subscribers in Central and South America, but profits have been affected by currency depreciation in countries such as Brazil, Colombia and Venezuela.

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Categories: Broadcast & Satellite
Companies: DirecTV / Liberty Global / Sky Brasil / Telefonica / Televisa
Countries: Latin America
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