AT&T sells Puerto Rico and U.S. Virgin Island assets to Liberty Latam in $1.95 billion deal
October 09, 2019 at 14:03 PM EDT
AT&T said Wednesday it is selling its wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands to Liberty Latin America, in a cash deal valued at $1.95 billion that will help the telecommunications and entertainment company pay down debt.
