AT&T to sell certain assets in Puerto Rico, U.S. Virgin Islands for $1.95 billion

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AT&T to sell certain assets in Puerto Rico, U.S. Virgin Islands for $1.95 billion
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AT&T Inc said on Wednesday it would sell its wireless and wireline operations in...

FILE PHOTO: The company logo for AT&T is displayed on a screen on the floor at the New York Stock Exchange in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid

“This transaction is a result of our ongoing strategic review of our balance sheet and assets to identify opportunities for monetization,” Chief Financial Officer John Stephens said in a statement.

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