Vrio Corp

AT&T to sell off Latin American Vrio pay TV unit

AT&T has reached a deal to sell off its Latin American DirecTV business unit. The company announced on Wednesday that it has agreed to sell Vrio Corp to the Argentinian investment group Grupo Werthein. The announcement comes after AT&T took a US$4.6 billion impairment charge in Q2 2021 as it had classified Vrio as ‘held-for-sale’. […]