AT&T buys Nextel Mexico to create ‘North American Cellular Service space’
AT&T has acquired one other Mexican service in what appears to be an effort to overcome the continent… nicely, two of its nations anyway. Ma Bell has snapped up Nextel Mexico for $1.875 billion, shortly after its Iusacell (additionally a Mexican service) acquisition was authorised by the nation’s telecom regulator, Instituto Federal de Telecomunicaciones (IFT). This time round, the IFT shortly accredited the sale and switch of Nextel’s spectrum licenses, community belongings, shops and subscribers to AT&T, so the service can execute its plans ASAP. In response to the corporate’s official announcement, it is going to merge Iusacell and Nextel right into a single firm for wider protection and as a part of its plan to create “the primary-ever North American Cellular Service space.” Regardless of its identify, that space solely encompasses the US and Mexico, however it’ll cowl over four hundred million shoppers in each nations as soon as the merged firm’s up and operating.
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