AT&T agrees US$1.875 billion Nextel Mexico takeover

February 2015
Telecom Mergers & Acquisitions;Feb2015, p1
The article reports on the agreement between telecommunications companies AT&T Inc. and NII Holdings for the purchase of wireless telecommunication operator Nextel Mexico. Topics discussed include the strategic shift of U.S. telecommunication into the Mexican market, the plan of AT&T to incorporate Nextel with fellow Mexican operator Iusacell, and the sale is subjected to approvals and bankruptcy auction by U.S. Bankruptcy Court in the Southern District of New York.


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