Thursday, 08 December 2016

AT&T sells America Movil stake for $5.57bn

By Mary Lennighan, Total Telecom
Monday 30 June 14

U.S. telco offloads whole stake in Mexican firm in a bid to smooth way for DirecTV takeover; America Movil says Telekom Austria share offer now mandatory.

AT&T has agreed to sell its entire 8.27% stake in America Movil for US$5.57 billion. In an SEC filing late last week the U.S. telco said it will offload the shares to Inmobiliaria Carso and Control Empresarial de Capitales…

AT&T has agreed to sell its entire 8.27% stake in America Movil for US$5.57 billion. In an SEC filing late last week the U.S. telco said it will offload the shares to Inmobiliaria Carso and Control Empresarial de Capitales…

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