AT&T, China Mobile, Sprint’s Parent All Considered Potential America Movil Buyers

**Editor’s Note: Please click here for a recap of the biggest communications mergers in Q2 2014.**

AT&T is reported to be in the running for America Movil assets on Mexico’s eastern coast that could be worth as much as $17.5 billion.

America Movil, which is majority-owned by billionaire Carlos Slim, needs to appease antitrust regulators. Bloomberg reported that Slim has contacted AT&T, Softbank – the majority owner of Sprint – and others such as Bell Canada and China Mobile about making the purchase.

America Movil has been busy with its own acquisitions. The company recently bought a majority of Telekom Austria and might make a bid for Telecom Italia’s wireless unit in Brazil.

AT&T, of course, has its hands full promoting its pending acquisition of DirecTV to shareholders and regulators. Shareholders are expected to vote on the merger on Sept. 25.

Leave a comment

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


In our Channel Influencer Awards digital issue, we highlighted eight technologies ready to "take off" in the channel this year. Which two will take off the most?

View Results

Loading ... Loading ...
The ID is: 88943