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AT&T exploring IPO of DIRECTV Latin America minority stake

AT&T Inc. is exploring an initial public offering of a minority stake in its Latin America entertainment services business, DIRECTV Latin America, in the first half of 2018.

The company has confidentially filed a registration statement with U.S. regulators, the company said Feb. 7. Also, the company said no assurance can be provided regarding the completion of the IPO.