A U.S. senator has requested that the government review AT&T’s pending sale of its stake in a European media company to a Czech investment firm, because of the Czech company’s links to the Chinese communist regime.
Sen. Marco Rubio (R-Fla.), in a Feb. 26 letter to Treasury Secretary Steven Mnuchin and Attorney General William Barr, urged a review by the Committee on Foreign Investment in the United States (CFIUS) to consider the national security implications of AT&T’s pending $1.1 billion sale to PPF Group of its stake in Central European Media Enterprises (CME Group). The sale was announced last November.
