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AT&T closes Nextel Mexico buy
2015-05-01 02:00:00| Total Telecom industry news
U.S. telco again talks up positive investment climate in Mexican telecoms market.
AT&T to buy Nextel Mexico, continuing continental expansion
2015-01-26 22:20:34| Telecom - Topix.net
AT&T's plans to tackle the Mexico market aren't just limited to buying a single mobile operator Iusacell. It announced Monday it is buying Iusacell's competitor Nextel Mexico for $1.875 billion from NII Holdings and will merge its operations into its growing pan-American network.
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AT&T to buy NII Holdings' wireless business in Mexico
2015-01-26 14:06:30| Wireless - Topix.net
NII Holdings, the parent of Nextel operators in Latin America, filed for bankruptcy protection in the United States in September after struggling with $5.8 billion in debt and fierce competition in Brazil and Mexico. The transaction is subject to a bankruptcy auction and approvals by the U.S. Bankruptcy Court for the Southern District of New York, AT&T said in a statement.
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AT&T to buy Nextel Mexico for USD 1.875 bln
2015-01-26 12:53:00| Telecompaper Headlines
(Telecompaper) AT&T is continuing its expansion to Mexico with an agreement to buy Nextel Mexico for USD 1.875 billion. The deal builds on the US operator's earlier takeover of Iusacell to add another 3 million customers and additional spectrum, retail and network assets. The acquisition excludes debt associated with Nextel Mexico and is subject to court approval in the bankruptcy proceedings underway in New York for NII Holdings, Nextel's parent company. NII said a competitive bidding process will need to be held under court supervision and regulatory approval in Mexico is also needed. It expects the transaction to close by mid-2015. The sale should help the company emerge from Chapter 11 and refocus its business on its largest operation in Brazil.
AT&T says it will buy Mexico's Iusacell for $1.8B
2014-11-07 23:44:21| Telecom - Topix.net
The Dallas company said Friday that Iusacell has 8.6 million subscribers under the Iusacell and UnefA3n brand names. AT&T had 116.6 million subscribers as of June 30. The company sees potential for growth in Mexico because of its rising population and middle class, even as the proportion of Mexican people with wireless service lags other Latin American countries, according to AT&T.