AT&T is reportedly talking with Telesites to lease Mexico towers
AT&T’s push into Mexico is reportedly set to include a tower agreement with rival America Móvil’s recently spun off Telesites business.
Bloomberg recently reported that the two companies were in talks over a leasing agreement that...
América Móvil plans include expansion of fiber optic network in Mexico
América Móvil, Latin America's largest communication service provider, is about to conclude its investment plan totaling $50 billion.
The amount will be allocated in all markets where the company has operations. The announcement, reported by the Mexican newspaper...
Latin America's largest telecom group América Móvil ended the first quarter with revenue up 3.1% over the year before in Mexican peso terms, while operating profits declined 6.6% and net profit fell 42.1%.
In a statement, América Móvil explained that depreciation and amortization charges rose...
Cell towers becoming obsolete?
CNBC spoke with the founder of Parallel Wireless at the Founders Forum Smart Nation Singapore conference, who informed the major media outlet that he believes cell towers will soon become obsolete. He believes that individual cellphones will become the cell tower...
New antenna law expected to speed network deployments
Brazil President Dilma Rousseff approved a new antenna bill (law nº11.116) laying down new rules for the installation of antennas used by mobile operators. The law aims to speed deployment of telecommunications infrastructure in the country, which has been delayed by the shear...
América Móvil has selected NEC and NetCracker Technology as providers for a consolidated, end-to-end OSS solution for its Latin American operations, which includes Argentina, Brazil, Mexico, Colombia, the Dominican Republic and Puerto Rico.
The goal of the project, which will replace legacy inventory systems, is to standardize...
América Móvil's tower move in Mexico
All may be quiet on the American tower front after last week's big move from American Tower, but this week Latin American mobile operator América Móvil provided an update on its plans to spin its tower interests off into its own...
Accedian Networks’ revenue climbs 38% in 2014
Accedian Networks saw its revenue grow 38% in 2014, thanks in large part to global Long Term Evolution mobile network expansion.
The Montreal-based company also cited North American small cell deployments and increased demand for enterprise-to-data center connectivity as factors...
América Móvil reports Q4 results
América Móvil ended the fourth quarter of 2014 with a 77.8% net profit decline. In its financial report, the company owned by billionaire Carlos Slim claimed that an increase in comprehensive financing costs was caused by unrealized foreign exchange losses. América Móvil noted that...
After the general meeting of Portugal Telecom SGPS shareholders was postponed, Oi said that while it supported the meeting delay, the sale of its stake in PT Portugal to Altice is the best alternative for the company. At the meeting, which was originally scheduled for...
The transformation of the Mexican telecom market has begun, following the passage of reform legislation. AT&T's $2.5 billion acquisition of the Mexican operator Iusacell has breathed new life into the market. Although it will not reduce the market share of the dominant player América Móvil (AMX) immediately, AT&T...
AT&T is reportedly grounding plans for an LTE-based in-flight mobile broadband offering, citing plans to conserve cash related to its recent international expansion plans.
As first reported by Runway Girl Network, AT&T said it would no longer be pursuing its previously announced offering that would...
AT&T is looking to expand its empire south of the border, announcing late Friday that it plans to by Mexican mobile carrier Iusacell for $2.5 billion including the assumption of debt.
The deal is set to close following Grupo Salinas, which is the current owner...
AT&T deal to buy Iusacell for $2.5B won't preclude AMX deal (RCR Mobile Minute)
AT&T surprised the wireless industry late Friday with news that it will buy Mexican operator Iusacell for $2.5 billion. The deal includes 8.6 million wireless subscribers, as well as all of...
Vietnamese-owned Viettel Group last week officially launched its Bitel-branded mobile service in Peru. The operator, the fourth entrant into the market, launched with a 3G network that it said covers 80% of the nation with mobile broadband service.
Viettel in early 2013 initially launched technical...
Editor’s Note: Wireless industry trade group GSMA and its GSMA Intelligence division recently released its rankings of the world’s 30 largest mobile operators based on an equal weighting of total connections at mid-year and total revenues over the past 12 months. Below is the complete...
América Móvil is ready to sell its telecom infrastructure along the east coast of Mexico, according to Bloomberg, and AT&T is on the short list of buyers. The Mexican communications conglomerate, controlled by billionaire Carlos Slim, is being forced to divest by new Mexican telecom...
América Móvil, which owns Claro, NET and Embratel in Brazil, confirmed its interest in making a common offer with the carrier Oi to acquire the operator TIM Brasil. Oi has already released a material fact announcing that it has engaged Banco BTG Pactual to review alternative options to acquire...
America Movil asset sales
America Movil (AMX) has reportedly hired Bank of America to sell some of its assets. The telecommunications giant controlled by Mexican billionaire Carlos Slim needs to divest in order to comply with new Mexican regulations. Mexico’s new antitrust rules forbid companies...
Telekom Austria reported a net loss of $401 million in the first half of 2014. The Vienna-based telecom, which is now controlled by billionaire Carlos Slim's América Móvil, blamed the decline on economic problems in central and eastern Europe, regulatory problems and an accounting error.
Telekom...
In a new twist to the changing Mexican telecom market, Telefónica is reportedly in talks to acquire Grupo Iusacell, a deal that could be worth up to $4 billion, according to local newspaper El Confidencial. Rumors have been circulating since early June that the two were considering a merger. In a regulatory...
América Móvil is suffering the consequences of new Mexican anti-trust rules that forbid telecom companies from controlling more than 50% of the market. The Financial Times noted that América Móvil is feeling the pain of the new regulations as its second-quarter earnings showed a 9% year-over-year drop in mobile...
There is a new order in Ireland's wireless market, with 3 now No. 2. The operator, which is owned by the Hong Kong-based Hutchison Whampoa, this week completed its $1.15 billion buyout of Telefónica's O2. The deal gives 3 nearly 40% of the market share...
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AT&T and América Móvil may not be parting ways after all. The U.S. carrier is still planning to sell its 8.2% stake in América Móvil to the company's majority owner Carlos Slim, but now AT&T may...
