América Móvil
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Liberty Latin America and América Móvil confirm that the Chilean National Economic Prosecutor’s Office (FNE) has approved their deal to combine their respective Chilean operations.
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Revenue and profit increased across the board for both América Móvil and Globe as the former reaped the rewards of its Tracfone sale and the latter reported its network investments had paid off.
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Swedish private equity investor EQT is making another attempt to buy KPN, this time with US investor Stonepeak Infrastructure Partners, according to reports.
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The battle over the future of Oi’s mobile operations has ended, with three companies winning joint control for US$3.23 billion in an auction in which they were the only bidder.
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Mexico’s América Móvil is selling its US-based pay-a-you-go mobile phone service, Tracfone, to Verizon for as much as US$6.9 billion.
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Brazilian operator Oi has sold its mobile business to a consortium of three other operators for the equivalent of €2.6 billion, according to overnight reports.
Forthcoming events
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A consortium of América Móvil, Telefónica and TIM subsidiaries in Brazil is set to win its battle for bankrupt company Oi after a rival bidder dropped out.
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A company bought last December by Marc Ganzi’s Digital Colony is set to buy bankrupt Brazilian operator Oi within the next few days.
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Capacity shares 5 key stories from around the world making headlines today!
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América Móvil and Telxius have announced the deployment of a new high-capacity subsea cable in the Pacific coast of Latin America.
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NII Holdings has entered into an agreement to sell its 70% share of Nextel Brazil to América Móvil for $905 million.
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Telefónica Centroamérica Inversiones, a subsidiary of Telefónica, has sold its business units in Guatemala and El Salvador to América Móvil for €570 million.
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The telecoms market in Mexico is about to see a major shift as Red Compartida – a nationwide wholesale wireless network – goes live