| Mobile Minute: The Mobile Minute is sponsored by SpiderCloud Wireless. 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 also buy wireless and wireline infrastructure in northern Mexico from América Móvil. Macquarie Securities says AT&T is a “logical buyer” for these assets and could pay roughly $10.6 billion, primarily in stock.América Móvil’s Carlos Slim is selling assets to appease the Mexican government, which is preparing to pass legislation that will limit his control of the nation’s telecom market. AT&T’s sale of its América Móvil stake was also motivated by regulatory concerns; América Móvil competes in the pay-TV market with DirecTV, which AT&T plans to buy. In other news, regulators here in the U.S. may soon have another merger to evaluate, as Sprint and T-Mobile US move closer to an attempted union. For more on that see the video below. |
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AT&T seen as buyer of AMX assets (RCR Mobile Minute
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