AT&T to acquire Nextel Mexico for $1.875 billion
AT&T plans to acquire Nextel Mexico for $1.875 billion in an effort to create a massive North American Mobile Service area that will be able to offer wireless access to 400 million people. The news comes a few months after AT&T announced plans to buy another Mexico-based wireless carrier, Iusacell, for $2.5 billion.
Nextel Mexico has three million customers and its network covers 76 million people, according to AT&T. The company added:
The deal is expected to close sometime in mid-2015.
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By Kevin Lynch