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AT&T To Sell Its Home Security, Automation Business
AT&T may sell off the company's home automation and security business as the company tries to reduce debt load ahead of its planned $85 billion Time Warner merger. AT&T got into the home security and automation business alongside many other ISPs back in 2013 with the launch of the company's "Digital Life" platform. AT&T never revealed subscriber counts for the service(s), which analysts estimate to only have around 400,000 to 500,000 subscribers. But Reuters indicates AT&T hopes to sell the unit for around $1 billion, the first of what's expected to be several debt-related divestitures by the company ahead of its latest debt-loaded megamerger.

Most recommended from 17 comments


Porch
join:2005-06-19

10 recommendations

Porch

Member

Sell it to Verizon

Sell it to Verizon. Verizon will buy anything.
ncted
join:2010-10-25
Durham, NC

8 recommendations

ncted

Member

Good?

This seems like something best left to others anyway.