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AT&T makes second carrier acquisition in Mexico for $1.88B

01/26, 2:17pm

Plans to combine Nextel Mexico, Iusacell to improve coverage

AT&T has agreed to buy its second carrier in Mexico, a few months after purchasing Iusacell. The pending acquisition of Nextel Mexico from NII Holdings will cost AT&T $1.875 billion, minus any outstanding debt, with the purchase giving AT&T a considerable foothold in the Mexican wireless market, and expanding its reach further outside the United States.

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Sprint to sell iDEN network despite promises?

08/08, 12:45pm

Sprint to sell iDEN net?

In spite of promises to the contrary earlier this year, Sprint is indeed looking to sell its iDEN push-to-talk network, according to CNBC. Although no sources have been cited by the TV network, Sprint is already said to be negotiating with NII Holdings for a deal, as well as with separate private equity investors. NII operates primarily in Latin American countries, and is one of the few companies outside of Sprint to rely on iDEN.

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