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America Movil

Latest Headlines

Latest Headlines

AT&T's Stephenson: We're not gunning for América Móvil's assets in Mexico

AT&T CEO Randall Stephenson told investors about as clearly as he could that the carrier is not going to snap up assets that América Móvil is going to divest, and will instead focus on growing its business in Mexico via its acquisitions of Iusacell and NII Holdings' Nextel Mexico businesses.

Analysts: After getting Nextel Mexico, AT&T may go after América Móvil's assets

AT&T is getting lots of wireless spectrum in Mexico on the cheap by buying bankrupt NII Holdings' Mexican wireless assets, according to financial analysts. And AT&T might not stop there and could look to bulk up its position in Mexico by acquiring assets that former partner América Móvil is going to divest, according to the analysts and other industry sources.

AT&T to nab Nextel Mexico for $1.88B from bankrupt NII Holdings

AT&T said it will acquire the Mexican wireless assets of bankrupt NII Holdings for $1.875 billion, less outstanding net debt. The deal marks AT&T's latest expansion south of the U.S border following its $2.5 billion purchase of Mexican carrier Iusacell, which closed earlier this month.

AT&T closes $2.5B deal for Mexican operator Iusacell

AT&T officially closed its $2.5 billion purchase of No. 3 Mexican carrier Iusacell from Grupo Salinas. AT&T named company veteran F. Thaddeus Arroyo as CEO of Iusacell following the close of the deal.

Wireless in the fourth quarter of 2014

How did the wireless industry perform in the fourth quarter of 2014? Check here throughout the fourth-quarter earnings report season for full earnings reports from the wireless industry's carriers, handset makers, equipment suppliers and others.

America Movil to sell off Sercotel subsidiary

América Móvil has taken another step to make itself more amenable to Mexico's telecom regulators by moving to sell off its Sercotel holding company, reports  Reuters,  citing an announcement in Mexico's daily gazette.

AT&T gets approval for $2.5B Iusacell deal from Mexican antitrust regulator

Mexico's competition regulator approved AT&T's $2.5 billion purchase of No.3 Mexican carrier Iusacell, with certain conditions, clearing the way for the deal to close sometime in the first quarter of 2015.

BT Americas eyes Mexico as possible expansion target

Executives with BT Americas are looking at how they can gain a larger foothold in Mexico by making use of new laws that are focused on encouraging competition and inviting foreign companies to invest in the country's telecom market.

Telekom Austria raises €997M; rolls out LTE-A in Austria and Slovenia

Telekom Austria has completed a capital increase announced earlier in November, raising total proceeds of €997 million ($1.24 billion) from the cash call but not quite achieving its goal of obtaining €1 billion in extra funding.

AT&T's Stephenson: Iusacell deal will create synergies with Cricket prepaid biz

AT&T CEO Randall Stephenson said he is enthusiastic about the growth prospects for the company in Mexico following the company's announcement of a $2.5 billion deal to purchase Mexican operator Iusacell. He also said that a large portion of the customer base of AT&T's Cricket prepaid brand has personal connections to the Mexican market, and there will be synergies between Cricket and Iusacell.