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AT&T looking at possible $100M IPO for DirecTV Latin America

Y2kTheNewOldies

Y2kTheNewOldies

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https://www.fiercecable.com/cable/at-t-looking-at-possible-100m-ipo-for-directv-latin-america

This deal affects the deal of Vrio Corp and it affects and its running concurrently with the At&t Time Warner deal

Vrio operates in eight countries in South America and three in the Caribbean. It’s satellite services are branded under Sky in Brazil, but under DirecTV in Barbados, Colombia, Curacao, Ecuador, Trinidad and Tobago, Venezuela, Argentina, Chile, Peru and Uruguay.

AT&T reported 13.6 million Latin America subscribers at the end of 2017. AT&T would maintain majority voting control over Vrio after the IPO.
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