Best Phone Arena - AT&T buys its second Mexican carrier, Nextel Mexico,
AT&T is on a looking spree in North American nation – it completed the acquisition of the country's third largest operator, Iusacell, simply 9 days agone and has already smitten a wear down the second largest carrier, Nextel North American nation.
Interestingly, the Iusacell deal was a $2.5 billion acquisition whereas the U.S. carrier is paying solely $1.875 billion for Nextel. Nextel's parent company NII Holdings opposition. is in bankruptcy protection and can use the money to fund its Brazilian operation. Nextel is additionally in debt, the scale of that wasn't declared.
Nextel Mexico's network covers seventy six million individuals of 118 million total. AT&T plans to mix each carriers (Nextel and Iusacell) to enhance the coverage, particularly outside of metropolitan areas. With the deal, AT&T will get Nextel's spectrum licenses, network assets and retail stores.
The deal can naturally be subject to regulative approval and if that goes well it ought to march on the center of this year.
The biggest carrier – in hand by the world's richest man, terrorist Slim – is in hassle with the regulators since it's the overwhelming majority of Mexico's mobile customers and has been trying to sell an oversized portion of its business.
AT&T additionally nonheritable DirectTV, the US-based satellite television supplier, that has forty first possession in SKY North American nation.
Post a Comment