Wednesday, 26 September 2018

AT&T to enter Mexico with $2.5bn Iusacell buy

By Nick Wood, Total Telecom
Monday 10 November 14

U.S. telco giant plans to create consistent customer experience between two countries; aims to close deal in Q1 2015.

AT&T is set to gain a foothold in Mexico's mobile market after agreeing to acquire Iusacell's mobile assets for $2.5 billion. Iusacell offers mobile services under the Iusacell and Unefón brands. It has 8.6 million customers and its network covers approximately 70% of Mexico's 120 million-strong population. AT&T said late on Friday it expects to complete its acquisition of the company in the first quarter of 2015. "Iusacell gives us a unique opportunity to create the first-ever North American mobile service area covering over 400 million consumers and businesses in Mexico and the United States…

AT&T is set to gain a foothold in Mexico's mobile market after agreeing to acquire Iusacell's mobile assets for $2.5 billion. Iusacell offers mobile services under the Iusacell and Unefón brands. It has 8.6 million customers and its network covers approximately 70% of Mexico's 120 million-strong population. AT&T said late on Friday it expects to complete its acquisition of the company in the first quarter of 2015. "Iusacell gives us a unique opportunity to create the first-ever North American mobile service area covering over 400 million consumers and businesses in Mexico and the United States…

TT PREMIUM CONTENT

If you are a subscriber login here


To access premium content you need to upgrade your account. To find out more click here

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry