Puerto Rico Purchase of Fiber-Optic Network as Part of an Asset Purchase Agreement
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FAQ
When Liberty Puerto Rico closed its acquisition of AT&T last year, it took over assets including customers in Puerto Rico and the USVI and integrated them into its new Liberty Mobile division. AT&T US retained a small block of clients.
Telecom giant and WarnerMedia owner AT&T has raised $1.95 billion in cash to reduce its debt load after closing the sale of its wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands to John Malone's Liberty Latin America.
(Liberty Latin America or LLA) (NASDAQ: LILA and LILAK, OTC Link: LILAB) completed its acquisition of AT&T's wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands on October 31, 2020, based on an enterprise value of $1.95 billion on a cash- and debt-free basis.
(Liberty Latin America or LLA) (NASDAQ: LILA and LILAK, OTC Link: LILAB) completed its acquisition of AT&T's wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands on October 31, 2020, based on an enterprise value of $1.95 billion on a cash- and debt-free basis.
As of October 31, 2020, your wireless service and other agreements are now with Liberty, not AT&T Mobility LLC or any of its affiliates. How your service changes: The AT&T subsidiary that holds your agreement(s) will become part of Liberty.
Telecom giant and WarnerMedia owner AT&T has raised $1.95 billion in cash to reduce its debt load after closing the sale of its wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands to John Malone's Liberty Latin America.
Yes, ATT provides service in Puerto Rico. As long as you see ATT on your display, you are on ATT's network and there will be no roaming or extra charges.
On October 9, 2019, AT&T announced plans to sell its wireless and wireline operations in Puerto Rico and the U.S. Virgin Islands to Liberty. Therefore, AT&T wireless service in Puerto Rico and the U.S. Virgin Islands will become part of Liberty.
Liberty Latin America Ltd. operates as a telecommunication company. The Company offers video, broadband Internet, telephony, and mobile services. Liberty Latin America also delivers entertainment services.
As of October 31, 2020, your wireless service and other agreements are now with Liberty, not AT&T Mobility LLC or any of its affiliates. How your service changes: The AT&T subsidiary that holds your agreement(s) will become part of Liberty.