AT&T’s announcement that it plans to sell its wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands to Liberty Latin America drew reactions from members of the industry, including its main competitor T-Mobile. T-Mobile CEO John Legere, who is known for his outspokenness and for taunting his competitors, took to his Twitter […]
Today’s news about the acquisition of AT&T by Liberty comes as no surprise to those that have been monitoring the industry and following the latter’s expansion strategy in Latin America. The surprise here is the target: AT&T. Due to the perceived strength and tightness of the top tier operators in Puerto Rico, it was always […]
Liberty Latin America Ltd. announced it has entered into a definitive agreement to acquire AT&T Inc.’s wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands, in an all-cash transaction valued at $1.95 billion. “This strategic and complementary acquisition is an exciting and unique opportunity to expand our business in one of our […]
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