| Mobile Minute: The Mobile Minute is sponsored by SpiderCloud Wireless. AT&T has a price and a buyer for its 8.2% equity stake in América Móvil. Mexican billionaire Carlos Slim, majority owner of América Móvil, will buy AT&T’s stake for $5.6 billion. The deal makes good on AT&T’s promise to divest its América Móvil stake, a pledge it made when announcing its $48.5 billion bid for DirecTV. The América Móvil sale will raise cash to help fund the takeover, and it should also help AT&T with regulators, since DirecTV and América Móvil are competitors in Latin America. In other news, the super-secure Android Blackphone has started shipping to those who pre-ordered it. KPN is the first carrier to get the $629 smartphone. Here in the U.S., AT&T and T-Mobile U.S. are the most likely to offer the GSM-compatible Blackphone. We have contacted both those carriers, but neither will comment on when they might get the phone. For more on the Blackphone, see the video below. |
Other top stories: Networks not ready for IoT (Infoblox) “As it stands today, there may not be enough network capacity to handle the demand that will accompany an anticipated explosion in the number of connected devices,” Infoblox said. … Read More Should cities build their own broadband networks? Eight Congressional Democrats say the answer to that question should be ‘yes,’ and have urged the FCC to support them. … Read More Japan looks at unlocking mobile phones Japan may be following the lead of the U.S. … Read More |
Carlos Slim to buy AT&T's América Móvil stake (RCR Mobile Minute)
ABOUT AUTHOR
