AT&T will acquire Nextel Mexico for nearly $2 billion

[Jared Peters]

AT&T has announced they will be acquiring Nextel’s Mexico business for roughly 1.8 billion dollars. This deal includes all of Nextel’s equipment and stores in Mexico, as well as about 3 million customers in the country. Nextel’s network covers 76 million people, however, so the acquisition will help AT&T create a more competitive service in Mexico.

AT&T expects the deal to close in the middle of 2015, assuming no legal roadblocks show up.

source: AT&T


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