{"id":34054,"date":"2020-05-28T10:45:47","date_gmt":"2020-05-28T10:45:47","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=282386"},"modified":"2020-05-28T10:45:47","modified_gmt":"2020-05-28T10:45:47","slug":"liberty-latam-rallies-cash-for-att-assets-buy","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2020\/05\/28\/liberty-latam-rallies-cash-for-att-assets-buy\/","title":{"rendered":"Liberty LatAm rallies cash for AT&T assets buy"},"content":{"rendered":"

<\/p>\n

\tBroadband provider Liberty Latin America secured more investor funding to back the almost $2 billion acquisition of AT&T assets in Puerto Rico and the Virgin Islands, with the company expecting to close the deal in the second half of this year.<\/p>\n

Liberty Latin America subsidiary Liberty Communications Puerto Rico (LCPR) issued $90 million of additional senior secured notes due back in 2027, to finance its $1.95 billion acquisition of AT&T network assets, spectrum, property, and customers including 1.1 million mobile subscribers.<\/p>\n

Naji Khoury, LCPR CEO, said the company had made \u201csignificant progress\u201d on regulatory approval which is being adjudicated by the US Federal Communications Commission, and the company remains \u201con track to close the transaction later this year\u201d.<\/p>\n

With AT&T assets, the company aimed to create the \u201cleading integrated communications and entertainment provider in Puerto Rico\u201d, said Khoury.<\/p>\n

The deal was announced [1] in October 2019. At the time John Stephens, AT&T CFO, said the asset sale was part of the operator\u2019s strategy to raise funds and pay off billions in debt.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/att-offloads-caribbean-assets\/<\/p>\n\n

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Broadband provider Liberty Latin America secured more investor funding to back the almost $2 billion …<\/p>\n

The post Liberty LatAm rallies cash for AT&T assets buy<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":212,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Liberty LatAm rallies cash for AT&T assets buy - ITTeacherITFreelance.hk","description":"Broadband provider Liberty Latin America secured more investor funding to back the almost $2 billion ... The post Liberty LatAm rallies cash for AT&T assets"},"footnotes":""},"categories":[11,8],"tags":[3872],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/34054"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/212"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=34054"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/34054\/revisions"}],"predecessor-version":[{"id":34055,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/34054\/revisions\/34055"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=34054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=34054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=34054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}