AT&T Is Weighing a Public Share Offering of Its Latin American TV Assets
- Company owns, has stakes in TV business South America, Mexico
- Proceeds could help pay down some of the Time Warner deal debt
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AT&T Inc. is working with advisers on a possible public offering of its Latin American pay-television assets, according to people familiar with the matter, potentially getting funds to reduce debt from its planned takeover of Time Warner Inc.
The largest U.S. pay-TV company hasn’t made a final decision about what to do with the businesses, said the people, who asked not to be identified because the deliberations are private. AT&T hasn’t held talks with potential buyers to sell the operations, the people said.