Deals
AT&T Is Discussing Selling Xandr Ad Unit to India’s InMobi
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AT&T Inc. is in talks to sell its Xandr division to Indian advertising-tech company InMobi, according to a person familiar with the situation, part of a push to unload businesses that aren’t core to the carrier’s operations.
The discussions are still in early stages and may not lead to a sale, according to the person, who asked not to be identified because the matter is private. Axios previously reported on the talks, saying that the business may change hands at a fire-sale price.