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AT&T studies asset sale in Latin America

AT&T estudia venta de activos en Latinoamérica

Intel ID : 232023
Synopsis

AT&T, a US-based telecommunications company, is studying the possibility of selling assets in Latin America, as reported by El Financiero on 8 December 2015, citing its executive president, Randall Stephenson.

The company considered the sale or a combination of certain assets in some Latin American countries with economic or political challenges, such as Venezuela and Brazil, where AT&T offers services such as Sky Brasil Serviços. Furthermore, the company is interested in talking about a combined strategy for these assets with a different product.

Similarly, Stephenson said the company is optimistic regarding Mexico's growth rates, where it expects to invest some USD 3bn, to offer a cross-border service.
(content in spanish)

AT&T (NYSE: T), empresa de telecomunicaciones con sede en Estados Unidos, estudia la posibilidad de vender algunos de sus activos de Latinoamérica, según ha informado El Financiero el 8 de diciembre de 2015, citando al presidente ejecutivo de la firma, Randall Stephenson.

La empresa ha considerado la venta o combinación de algunos de sus activos en algunos países con dificultades económicas y políticas como Venezuela y Brasil, donde AT&T posee servicios como Sky Brasil Serviços. De esta manera, la empresa se encuentra interesada en hablar de una combinación estratégica de esos activos con un producto diferente.

De igual forma, Stephenson ha considerado que la empresa está optimista respecto a las cifras de crecimiento en México, donde esperan invertir USD 3.000m para ofrecer un servicio transfronterizo.

Seller

AT&T
United States

Intel ID 232023
Value ND
Native Currency US Dollar (USD)
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Seller

Name
verified
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Primary Sector (TTRSC)
60.02.03 Wireless Communications Services
60 Telecommunications / 60.02 Telecommunications & Networking Services

Secondary Sectors (TTRSC)
45.02.06 Television Broadcasting & Programming
45 Media, Entertainment & Information Services / 45.02 Media & Information Services

Country
Website
Description

Related Entity

Name
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Primary Sector (TTRSC)
60.02.01 Integrated Communication Services
60 Telecommunications / 60.02 Telecommunications & Networking Services

Secondary Sectors (TTRSC)
15.05.04 Computer & Electronics Retail
15 Consumer Products & Services / 15.05 Distribution & Retail

Country
Website
Description

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.