América Móvil set to close Brazil, El Salvador deals by Sept
América Móvil expects to complete the acquisition of Nextel Brasil and Telefónica's El Salvador unit by September, the Mexican telco said in a corporate presentation.
Carlos Slim-controlled América Móvil announced in March a deal to to buy 100% of Nextel Brasil from NII Holdings and its subsidiaries for US$905mn less debt.
With 3.3mn clients, Nextel is the fifth mobile player in Brazil, with 35MHz+20MHz of spectrum in São Paulo and 30MHz in Rio de Janeiro.
In January, the Mexican group announced an agreement to buy 99.3% of Telefónica's operation in El Salvador for US$315mn.
The operation is marketed under the Movistar brand, has 1.8mn clients and offers fixed and mobile services, including voice, data and pay TV.
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News in: ICT (Mexico)
'A four-player market is not optimal' – Mexico's Megacable
With around 30% fixed broadband penetration, the telco believes Mexico still has space to grow.
Financing watch: January dealmaking, Venture Capital rise, startup rounds and more
BNamericas takes a look at the latest financing news in the ICT sector.
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Other projects in: ICT
Get critical information about thousands of ICT projects in Latin America: what stages they're in, capex, related companies, contacts and more.
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Other companies in: ICT (Mexico)
Get critical information about thousands of ICT companies in Latin America: their projects, contacts, shareholders, related news and more.
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
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The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
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Mexican company MATC Servicios, S. de R.L. de C.V. is the local subsidiary of US-based American Tower Corporation that engages in the industries of wireless communication and tr...
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AVEVA & Schneider Electric is a strategic partnership for creating digital transformation solutions. AVEVA's industrial software in conjunction with Schneider Electric's EcoStru...
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CompuSoluciones y Asociados S.A. de C.V. (CompuSoluciones) is a Mexican firm founded in 1985 with offices in Guadalajara, City of Mexico and Monterrey which offers business deve...
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The description included in this profile was taken directly from an official source and has not been modified or edited by BNamericas’ content team. However, it may have been au...
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