Home › News ›

AT&T to Buy Second Mexico Carrier for $1.875B

Jan 26, 2015, 8:13 AM by Eric M. Zeman

AT&T today announced its intent to purchase Nextel Mexico, which covers 76 million customers across the country. Nextel Mexico is owned by NII Holdings and AT&T will pay it $1.875 billion. NII Holdings is currently in bankruptcy and AT&T's offer is less than NII Holdings' outstanding debt. AT&T will acquire all of NII's spectrum licenses, network assets, retail stores, and about 3 million customers. According to AT&T, the proposed acquisition complements its recent purchase of Iusacell, another Mexican network operator. AT&T said it plans to create the "first-ever North American Mobile Service area" covering more than 400 million people across Mexico and the U.S. The deal will need to be approved by both bankruptcy courts and Mexican regulators. AT&T expects the deal to close by mid-2015.

Related

Samsung Refreshes Galaxy S Series with S Pen, New Cameras

Feb 9, 2022
Samsung today announced its lineup of flagship phones for 2022: the Galaxy S22 series. The top-end S22 Ultra sees the biggest changes as it essentially absorbs Samsung's Note series with an integrated S Pen stylus and a more Note-like shape and design, instead of the Contour Cut design of the other models.

Samsung Refines its Foldable Phones

Aug 10, 2022
Samsung has announced its newest generation of foldable phones: the Galaxy Z Fold4 and Galaxy Z Flip4. Both have similar designs and features compared to their predecessors, with a slew of small updates and refinements across the board.

iPhone 14 Plus Offers a Big Screen For Less

Sep 7, 2022
Apple has revealed the iPhone 14 series, with new features, improved specs, and new size options. In place of a Mini option, the iPhone 14 will come in the same 6.1-inch and 6.7-inch screen size options as the Pro models.

Square Launches Tap to Pay on iPhone

Sep 29, 2022
The Square Point of Sale app now fully supports Tap to Pay on iPhone, allowing any iPhone (11 or newer) to act as a payment terminal able to accept NFC (tap) payments without any additional hardware. Previously, merchants needed a separate hardware accessory to accept any kind of in-person card or tap payments.

T-Mobile Details Plans to Keep its Lead in Mid-Band 5G Through 2023

Dec 1, 2021
T-Mobile recently announced that its mid-band 5G network now covers over 200 million people, a threshold that the industry acknowledges as "nationwide" coverage. (Mid-band 5G offers an ideal balance of fast data speeds and broad coverage compared to 5G in other bands.) In an interview with Phone Scoop, T-Mobile executives detailed how they plan to maintain the company's lead in mid-band 5G even as Verizon and AT&T launch mid-band 5G early next year.

more news about:

Comments

This forum is closed.

This forum is closed.

linkfeeney

Jan 26, 2015, 7:20 PM

another mex carrier?

they just bought a carrier and now another one...i guess the only way att will expand is going over to other countries! American Jr (AKA canada) you are next!!

T Bone

Millions of Americans would benefit from having free calls to Canada, and free international roaming in Canada.

And after that, they should see if they can buy up any carriers in Europe. Free international roaming in Europe would be SWEET.

...

rwalford79

Jan 26, 2015, 9:03 AM

First Ever North American Service Area?

Let's get down to business - Nextel itself has operated on both sides of the border for years when it was around. Customers at least on the USA side, could roam in Mexico without charge for DC calls, however voice calls were charged per six seconds.

AT&T has operated as Rogers AT&T in Canada about 15+ years ago and customers on both networks could roam between the two. Calls were charged as roaming, however the cost was by far lower than other carriers who roamed cross-border.

If AT&T is looking to be the first North American Service Area, properly, that would mean that they not only need to buy a Mexican carrier (why they are buying two is beyond me, at the price the Nextel Mexico is costing, that would be a wise investment for T-Mob...
(continues)

Page 1 of 1