Oct 9 (Reuters) - AT&T Inc T.N :
* PRESS RELEASE - AT&T TO SELL ITS OPERATIONS IN PUERTO RICO AND THE U.S. VIRGIN ISLANDS TO LIBERTY LATIN AMERICA
* AT&T INC - UNDER TERMS OF AGREEMENT, AT&T WILL RECEIVE $1.95 BILLION IN CASH AT CLOSE
* AT&T INC - SALE DOES NOT AFFECT AT&T'S FIRSTNET COMMITMENT
* AT&T INC - UNDER TERMS OF AGREEMENT, AT&T WILL RETAIN FIRSTNET RESPONSIBILITIES AND RELATIONSHIPS AS WELL AS DIRECTV
* AT&T INC - AT DEAL CLOSE, APPROXIMATELY 1,300 CURRENT AT&T EMPLOYEES WILL MOVE TO LIBERTY LATIN AMERICA
* AT&T INC - PLANS TO USE FREE CASH FLOW AFTER DIVIDENDS AND TO CONTINUE MONETIZATION INITIATIVES
* AT&T INC - "SHAREHOLDERS SHOULD EXPECT THAT SHARE BUYBACKS WILL BE IN THE MIX" IN Q4 OF 2019
* AT&T INC SAYS "TRANSACTION IS A RESULT OF OUR ONGOING STRATEGIC REVIEW OF OUR BALANCE SHEET AND ASSETS TO IDENTIFY OPPORTUNITIES FOR MONETIZATION"