Justice Department Requires Divestiture In Order For Liberty Latin America To Acquire AT&T's Telecommunications Operations In Puerto Rico And The U.S. Virgin Islands

The Department of Justice announced today that it is requiring Liberty Latin America Ltd. (Liberty), its subsidiary, Liberty Communications of Puerto Rico LLC (LCPR), and AT&T Inc. (AT&T) to divest certain fiber-based telecommunications assets and customer accounts in Puerto Rico, in order for Liberty to proceed with its proposed acquisition of AT&T’s wireline and wireless telecommunications operations in Puerto Rico and the U.S. Virgin Islands.  The department has approved WorldNet Telecommunications, Inc. (WorldNet) as the acquirer. 

Source: DOJ Press Releases, Justice Department Requires Divestiture In Order For Liberty Latin America To Acquire AT&T’s Telecommunications Operations In Puerto Rico And The U.S. Virgin Islands

CategoriesUncategorized

Leave a Reply

Your email address will not be published. Required fields are marked *