(MENAFN) AT&T is exploring ways for its Digital Life home security business, which includes selling it while it is seeking debt after its planned USD85.4bln acquisition of Time Warner Inc.
As AT&T had entered the U.S. home security market with the introduction of Digital Life in 2013, the service offers customers sensors and cameras so they can monitor their homes and pets on their phones.
However, Digital Life accounted for a tiny fraction of AT&T's USD163.8bln in revenue in 2016. It is estimated to have between 400,000 and 500,000 customers and may fetch close to USD1bln in a sale.
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