AT&T Completes Sale of Vrio to Grupo Werthein
AT&T COMPLETES SALE OF VRIO OPERATIONS TO GRUPO WERTHEIN
AT&T* (NYSE:T) has completed the sale of its Vrio Corp. business unit to private holding company Grupo Werthein, which has acquired 100% of the equity in Vrio. Vrio provides digital entertainment services across 11 countries in Latin America and the Caribbean. AT&T’s interest in SKY Mexico is not included in the transaction.
AT&T Inc. (NYSE:T) is a diversified, global leader in telecommunications, media and entertainment, and technology. Consumers and businesses have more than 225 million monthly subscriptions to our services. AT&T Communications provides more than 100 million U.S. consumers with entertainment and communications experiences across mobile and broadband. Plus, it serves high-speed, highly secure connectivity and smart solutions to nearly 3 million business customers. WarnerMedia is a leading media and entertainment company that creates and distributes premium and popular content to global audiences through its consumer brands, including: HBO, HBO Max, Warner Bros., TNT, TBS, truTV, CNN, DC Entertainment, New Line, Cartoon Network, Adult Swim and Turner Classic Movies. Xandr, now part of WarnerMedia, provides marketers with innovative and relevant advertising solutions for consumers around premium video content and digital advertising through its platform. AT&T Latin America provides wireless services to consumers and businesses in Mexico.
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