AT&T Inc-Chernin Group and DirecTV offered Hulu LLC US$1 billion each.
Breaking News
- Uber Sued by London Black Cab Drivers for £250 Million Over Taxi Booking Rules
- Australia's Macquarie Bank Terminating Cash Transactions in All Branches as It Shifts to Fully Digital Banking Services
- Joe Biden Administration Sanctions Hundreds of Companies to Choke Russia's Supplies of Military Technology
A spokesman said that AT&T have not made any formal proposal to acquire Telefonica, disproving recent reports on the alleged deal.
Contradicting statements from a Spanish newspaper, Telefonica said that it has not received any expressed interest from US based AT&T.
AT&T announces selling 7% of its holdings in the Latin American telecommunication firm, America Movil.
AT&T will purchase the operations in an all-cash transaction valued at approximately $780 million
Subscribe to VCpost newsletter
Most Popular
- Oil Prices Drop Below $80 After US Oil and Petroleum Reserve Reach Highest Level
- Joe Biden Administration Sanctions Hundreds of Companies to Choke Russia's Supplies of Military Technology
- SSI Payment: Double Social Security Benefits in May? Here’s When You Will Receive Yours!
- Trump Justifies Earning Millions from Foreign Governments During Presidency
- Supreme Court Hints at Granting Trump Criminal Immunity, Jan 6 Trial Delay Looms
- Elon Musk Says US Companies Not Spending At Least $10 Billion on AI Like Tesla 'Cannot Compete'
- Businessman Who Shot His Wife to Death Thinking She Was an Intruder Gets Only 12 Years in Prison
- Amazon CEO Andy Jassy Violates Federal Labor Law With Anti-Union Comments, NLRB Finds
