Related News
AT&T Sells Its DirecTV Latin America Unit Vrio To Holding Company Grupo Werthein
Reading now: 126
deadline.comAT&T has sold 100% of Vrio Corp. business in Latin America to Grupo Werthhein.Vrio provides live and on-demand video services via DirecTV Latin America, Sky Brasil and OTT service DirectTV GO in Brazil, Argentina, Barbados, Chile, Colombia, Curacao, Ecuador, Peru, Trinidad and Tobago and Uruguay.
Vrio’s broadband operations in Colombia and AT&T’s interest in Sky Mexico are not included in the transaction.The deal comes as AT&T – parent of WarnerMedia for at least a bit longer – is set to announce quarterly earnings Thursday.
The conglomerate is spinning off WarnerMedia to shareholders and merging it with Discovery in a deal expected to close next year.In late 2020, however, AT&T made its first big move to downsize its entertainment holding,
Read more on deadline.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
