**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.
See how rugged laptops are holding up on the open seas, in military combat and in other unfriendly environments https://t.co/r8jLeHhtD3
August 17 2018 @ 17:35:06 UTC