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DOJ Gets Divestitures in Liberty/AT&T Puerto Rico

Liberty Latin America's proposed buy of AT&T's wireline business in Puerto Rico would cut major fiber network operators on the island from three to two, hurting competition, DOJ said in a Clayton Act complaint Friday in U.S. District Court in…

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Washington (docket 20-cv-03064). In a proposed final judgment, Justice said Liberty and AT&T agreed to a consent decree that would see Liberty selling assets including a fiber-based network it has in the San Juan area and other fiber assets across the rest of the island, plus retail fiber-based enterprise customer accounts and the right to pull fiber through Liberty's conduit. It said the agreement would give WorldNet Telecommunications an option to buy segments of AT&T's aerial fiber-based core network. "The divestiture will place WorldNet in the position to become a strong competitor in the provision of fiber-based connectivity and telecommunications services to enterprise customers throughout Puerto Rico," DOJ said. Liberty didn't comment. Its $1.95 billion deal for AT&T's wireline and wireless operations in Puerto Rico and the U.S. Virgin Islands was announced 12 months ago.