AT&T sells off assets in the Caribbean

Photo: Smith Collection/Gado/Getty Images

As pressure mounts from an activist investor, AT&T said Wednesday it will sell its wireless and wired assets in Puerto Rico and the U.S. Virgin Islands for about $2 billion to Liberty Latin America.

Why it matters: AT&T is looking for assets to sell to alleviate debt, and analysts say the properties in the hurricane-prone islands are a logical target.

AT&T considers dropping DirecTV's NFL Sunday Ticket deal

Photo: Rich Graessle/Icon Sportswire via Getty Images

AT&T COO John Stankey said that the telecom giant would consider dropping its exclusive rights to the NFL's Sunday Ticket package from its DirecTV satellite service in a Wall Street Journal interview.

Why it matters: The package features most Sunday NFL games — some of the most popular programming on television — and the deal has long been a cornerstone for DirecTV.