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.
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.