The operator has been looking at ways to reduce its debt and raise funds for new investments, sources told reporters yesterday.
AT&T sold its operations in Connecticut to regional operator Frontier Communications for $2 billion in December 2013, and in July 2014, sold its stake in América Móvil to Carlos Slim’s real estate firm, Inmobiliaria Carso.
AT&T is now targeting Mexico with the acquisition of Iusacell last month, as well as its plans to buy Nextel Mexico’s mobile assets for $1.88 billion.
AT&T declined to comment and the sources asked to be anonymous because the matter is not public.
