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Softbank may consider investment in Iusacell - report
2014-09-23 16:58:00| Telecompaper Headlines
(Telecompaper) Japanese mobile telephony operator Softbank is considering to invest in Mexican mobile operator Iusacell, Bloomberg reports, citing people with knowledge of the matter. According to the report, the Japanese operator is in advanced stages of reviewing Iusacell's assets. Mexican holding Salinas Group has recently purchased a 50 percent stake in Iusacell from broadcasting group Televisa. As a result of the USD 717 million deal, Salinas Group will now fully own Iusacell, which is the country's third-largest mobile operator. The Mexican firm said that it will announce the new strategic partner once local regulatory agencies approves the acquisition of the 50 percent stake. .
Tags: report
investment
softbank
iusacell
Category:Telecommunications
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