Telecom Italia is said to be weighing up the possibility of buying Brazilian telco Oi in a bid to strengthen its local arm TIM Brazil) position in the South American market, where it looks likely to get squeezed if Telefónica’s purchase of GVT goes through as planned.
AT&T has announced it has agreed to acquire Iusacell from Grupo Salinas for $2.5 billion, including the mobile operator’s debt, all wireless properties and its 8.6 million subscribers. However, the transaction will only take place once Grupo Salinas has finalised its purchase of 50% of Iusacell that it currently doesn’t own.
SoftBank is considering buying the wireless assets of Carlos Slim-owned América Móvil, according to a report. Apparently the Japanese tech giant has asked US subsidiary firm Sprint’s CEO Marcelo Claure to gather information on the business up for sale on its behalf.
Spanish carrier Telefónica has been contracted by Nextel branded NII Holdings to supply nationwide 3G coverage for voice and data services in Brazil and Mexico, expanding Nextel’s existing coverage.
Mexico could be on the verge of a major reform of its telecoms sector after the country’s three main political parties agreed to support proposals for a much stronger regulatory regime.
Mexican wireless operator Telcel is rolling out LTE in the country, having tapped up Swedish kit vendor and long time partner Ericsson as a supplier.
Spanish carrier group Telefónica has begun deploying LTE services in Mexico through its Movistar brand. The service will be available in October in three areas of the country: Ciudad de México; Jalisco and Nuevo León.
In a telecoms market not noted for competition, Mexico’s MVS Communicaciones’ announcement of plans to invest $1bn in an LTE network as part of a consortium that includes Clearwire and Intel should, in theory, shake things up. The consortium would sell access to its network to a variety of local players, including its rivals, opening up a market that has been dominated by billionaire Carlos Slim’s America Movil.
Latin American operator, America Movil, has launched its $21.8bn bid for control of three other regional telecoms firms. It sounds like big money but given that America Movil’s top man is none other than Carlos Slim Helu, the richest man in the world, such moves are to be expected.
Not to be outdone by Ericsson’s news of an LTE win in the US, Nokia Siemens Networks (NSN) on Wednesday notched up a far reaching managed services deal in Latin America with NII Holdings.
Mexican mobile operator Telcel, a subsidiary of America Movil, said this week it has launched a mobile TV service in Mexico. The carrier has teamed up with content distributor and mobile TV platform ROK Entertainment Group to launch Ideas TV, a streamed, live and on demand mobile TV subscription service, delivered over Telcel’s 3G network [...]