AT&T Sells Off Portion of America Movil Stake
Jun 6, 2013, 10:09 AM by Eric M. Zeman
AT&T has netted about $564 million in proceeds from selling 7.5% of the stake it has in America Movil, which operates in Mexico. AT&T sold the shares between May 7 and June 4, according to documents filed with the U.S. Securities and Exchange Commission. AT&T traditionally maintains a 9% stake in America Movil, and has two employees on the board. The company said it does not plan to sell its entire stake in America Movil. Earlier this year, AT&T said it would explore asset sales across its business units.
Samsung S24 Series Adds More AI, Updates the Hardware
Motorola Gets Serious About Foldables with New RAZR Lineup
OnePlus' New Mid-Range Phone Has a 108 Megapixel Camera
New Association to Advance Satellite Connectivity for Phones
Motorola Upgrades its razr Foldables Across the Board
Comments
No messages
