Home AT&T sells Puerto Rico, USVI assets to Liberty Latin America for USD 1.95 bln

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AT&T sells Puerto Rico, USVI assets to Liberty Latin America for USD 1.95 bln

2019-10-09 16:46:00| Telecompaper Headlines

(Telecompaper) AT&T has agreed to sell its operations in Puerto Rico and the US Virgin Islands to Liberty Latin America for USD 1.95 billion in cash, confirming earlier reports. In a statement, the US operator said it expects the deal to close within 6 to 9 months following review by the FCC and the Department of Justice. It added that the sale includes network assets, leases and real estate, 1.1 million mobile subscribers and contracts. A total of 1,300 current AT&T employees will move over to Liberty Latin America at the close of the deal.

Tags: america usd att rico



Sony to launch PlayStation 5 in 2020, with new 'touch and feel' controller

2019-10-09 14:16:00| Telecompaper Headlines

(Telecompaper) Sony has provided an update on its upcoming PlayStation 5 console, which the company expects to launch in time for the holidays in late 2020. The console will come with a new type of controller that will bring touch to the gaming experience. Game creators have started receiving early versions of the new controller ahead of the console's launch.

Tags: feel sony touch launch

Category: Telecommunications



Oracle planning 'aggressive' push into the cloud, with 2,000 new hires

2019-10-09 12:07:00| Telecompaper Headlines

(Telecompaper) Oracle is planning an "aggressive" push into the cloud, with plans to hire almost 2,000 new employees and to invest in more real estate to support that new workforce. The new employees will boost the company's Oracle Cloud Infrastructure operations. The new roles will include software development, cloud operations, and business operations and help Oracle roll out new product innovations and expand to new cloud regions.

Tags: planning push oracle cloud

Category: Telecommunications



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