América Móvil backtracks on US expansion with Tracfone sale
América Móvil is not planning to build on its presence in the US mobile market, despite its Tracfone business having built up a sizeable customer base.
América Móvil is not planning to build on its presence in the US mobile market, despite its Tracfone business having built up a sizeable customer base.
As antagonism between China and the West becomes entrenched, Foxconn and Pegatron are apparently thinking of opening branches in Mexico.
BSS vendor Matrixx scored a handy deal win with AT&T Mexico to bring its prepaid subscriber platform into the 21st century.
Over the course of 2017 Google was making a lot of noise about its connectivity mission in India, but now it is sharing its Wifi love in Mexico.
After being given the green light in Mexico, AT&T’s acquisition of Time Warner is coming under closer scrutiny in Brazil, relating to competition concerns.
Mexico’s largest operator has prevailed in a court case that reverses a ruling made four years ago preventing it charging its rivals for termination services.
Huawei and Nokia have been named as technology partners to design, build and operate a new nationwide LTE and 5G-ready wholesale network in Mexico.
Proprietary IoT connectivity provider Sigfox has announced the extension of its network technology to Mexico City, as part of a broader drive into Latin America.
Swedish network giant Ericsson stressed the importance of transformation at its AGM this week and also managed to bank a couple of major deals in Mexico and Brazil.
A new twist on the traditional operator customer portal has been launched by Telefónica Mexico, using technology provided by disruptive cloud platform provider ItsOn.
There’s a storm brewing in Mexico it would seem, as América Móvil unveiled its 2Q15 results and introduced a new policy for Mexico-US roaming for its Mexican subsidiary, Telcel.
US telco giant AT&T has announced it’s following up the acquisitions of Iusacell and Nextel with a further investment of $3 billion over the next three years to improve its mobile network in Mexico.
As various telecoms mega deals trudge through torturous scrutiny prior to their eventual completion, or sometimes not, AT&T has been quietly expanding its North American empire into Mexico.
US operator AT&T has announced unlimited calls at no additional cost to all Mexican numbers as part of its international World Connect Value offering. This follows AT&T’s finalised $2.5 billion acquisition of Mexican Iusacell last week, and could be the first sign of the US telco’s previously stated plan to create a single North American service area covering the US and Mexico.
Mexican broadcaster Grupo Televisa has acquired telco firm Telecable, the trading name of Cablevision Red, for MXN3 billion. Coinciding with the acquisition, the conglomerate also announced the closing of the sale of its 50% stake in Iucasell to the operator’s other owner Grupo Salinas.
It looks like things are set to get a whole lot more competitive for Carlos Slim, the man who currently dominates the Mexican telco market. US giant AT&T has had its bid to buy the country’s third largest operator – Iusacell – approved by the Mexican telco regulator.
AT&T has announced it has agreed to acquire Iusacell from Grupo Salinas for $2.5 billion, including the mobile operator’s debt, all wireless properties and its 8.6 million subscribers. However, the transaction will only take place once Grupo Salinas has finalised its purchase of 50% of Iusacell that it currently doesn’t own.
SoftBank is considering buying the wireless assets of Carlos Slim-owned América Móvil, according to a report. Apparently the Japanese tech giant has asked US subsidiary firm Sprint’s CEO Marcelo Claure to gather information on the business up for sale on its behalf.
Telecom Italia is said to be weighing up the possibility of buying Brazilian telco Oi in a bid to strengthen its local arm TIM Brazil) position in the South American market, where it looks likely to get squeezed if Telefónica’s purchase of GVT goes through as planned.
Spanish carrier Telefónica has been contracted by Nextel branded NII Holdings to supply nationwide 3G coverage for voice and data services in Brazil and Mexico, expanding Nextel’s existing coverage.
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