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)
Mexican small telcos offer help in closing the digital divide
The companies see an opportunity to influence legislation amid the reorganization of the sector.
Why the IFC is upbeat about PPPs in Latin America and the Caribbean
Emmanuel Nyirinkindi, IFC's vice president of cross-cutting solutions, talks with BNamericas about initiatives in the region and the broader scenario.
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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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- Project: Takoda Data Center (Hortolândia)
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- Project: Microsoft Cloud Services
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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.
- Company: LG Electronics México, S.A. de C.V. (LG Electronics México)
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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...
- Company: Megacable Comunicaciones de México, S.A. de C.V. (MCM Telecom)
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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...
- Company: Intelisis Software S.A. de C.V. (Intelisis)
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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...
- Company: Ciclo Corporativo S.A. de C.V. (Ciclo Corporativo)
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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...
- Company: Empresas Cablevisión S.A.B. de C.V. (Izzi Telecom)
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Empresas Cablevisión S.A.B. de C.V. (Izzi) is a Mexican single, double, and triple play service provider. It provides fixed telephony, Internet and cable TV services for residen...
- Company: Magal Soluciones Integrales (Magal Solutions)
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Magal is a global integrator of operational solutions for enhanced security, safety and efficiency. With over 50 years of proven experience, Magal specializes in designing and d...
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