In a new twist to the changing Mexican telecom market, Telefónica is reportedly in talks to acquire Grupo Iusacell, a deal that could be worth up to $4 billion, according to local newspaper El Confidencial. Rumors have …
Grupo Iusacell
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< class="penci-entry-title entry-title grid-title penci_grid_title">LatAm: Telefónica in talks to buy Mexico's Isusacell; TIM to invest $1.8B in Brazil >
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< class="penci-entry-title entry-title grid-title penci_grid_title">Top 10 mobile markets >by Dan Meyerby Dan Meyer
With more than 5.3 billion mobile connections across the globe, the wireless industry continues to chase worldwide saturation.To the surprise of few, the world’s most populous nations – China and …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Lucent to supply EV-DO gear in Mexico >
MEXICO CITY-Mexican wireless carrier Grupo Iusacell selected Lucent Technologies Inc. to supply CDMA2000 1x EV-DO network equipment in the cities of Mexico City, Monterrey and Guadalajara. The value of the …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Mexico carriers bolster offerings >
MEXICO CITY-Grupo Iusacell said it has agreed to integrate Qualcomm’s BREW offering into its CDMA system. This will allow the carrier’s customers to access a slew of applications including e-mail, …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Iusacell announces reverse stock split >
MEXICO CITY-Mexican mobile company Grupo Iusacell announced details of a reverse split of its stock. Iusacell said its Series A and Series V shares will be exchanged Dec. 19 for …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Iusacell offers SMS with rivals >
MEXICO CITY-Mexican mobile operator Grupo Iusacell said its customers can now send short message service messages to rival operators Telecel’s and Unefon’s handsets in the United States, Canada and Peru. …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Verizon Wireless further distances itself from the pack >
Verizon Wireless continued to distance itself as the nation’s largest wireless carrier during the second quarter, posting 1.3 million net customer additions, which is more than double the customer growth …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Iusacell under scrutiny with counter offer >
MEXICO CITY-The previously announced agreement on the sale of Verizon Communications Inc.’s and Vodafone Group plc’s stakes in Mexican mobile operator Grupo Iusacell SA came under doubt late last week …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Grupo Iusacell deal rejected >
MEXICO CITY-Verizon Communications Inc. and Vodafone Group plc have reportedly rejected a sale of their controlling interest in Mexican wireless carrier Grupo Iusacell SA submitted by UBS Securities L.L.C. Iusacell …
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< class="penci-entry-title entry-title grid-title penci_grid_title">AT&T Wireless confirms Czech mobile stake sale >
REDMOND, Wash.-As previously announced by Cesky Telecom, AT&T Wireless Services Inc. said it has signed an agreement to jointly sell with Verizon Communications Inc. a 49-percent interest in Czech Republic …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Movil Access to acquire Grupo Iusacell >
Verizon Communications Inc. and Vodafone Americas BV, a wholly owned subsidiary of Vodafone Group plc, plan to sell their 74-percent stake in Mexico’s third-largest wireless operator, Grupo Iusacell S.A. de …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Movil Access to acquire Grupo Iusacell >
MEXICO CITY-Verizon Communications Inc. and Vodafone Americas BV, a wholly-owned subsidiary of Vodafone Group plc, plan to sell their approximately 74 percent stake in Mexico’s third largest wireless operator Grupo …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Iusacell selects mediation platform >
GAITHERSBURG, Maryland, United States—ACE*COMM announced that Mexico’s Grupo Iusacell has selected its Convergent Mediation platform to collect and process use records to produce billable record formats. According to ACE*COMM, the …
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< class="penci-entry-title entry-title grid-title penci_grid_title">Gemplus trials UIM solution >
LUXEMBURG—Gemplus said it partnered with Mexican operator Grupo IUSACELL to successfully trial its reusable User Identity Module (UIM), which will allow end users to roam between standards. The similar subscriber …
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< class="penci-entry-title entry-title grid-title penci_grid_title">World Briefs >
Mexico Mexican wireless carrier Grupo Iusacell S.A. de C.V. said it does not have any current intentions of filing for an equity offering in Mexico. The company has long been …
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< class="penci-entry-title entry-title grid-title penci_grid_title">World Briefs >
Roberto Colaninno, chairman and chief executive of Telecom Italia, formally abandoned the financial restructuring plan he announced in September. The boards of Olivetti and Tecnost agreed to scrap the plan, …
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< class="penci-entry-title entry-title grid-title penci_grid_title">IUSACELL, BELL ATLANTIC DISCUSS FURTHER DEALS IN MEXICO >
Nuevo Grupo Iusacell S.A. de C.V. seems to be making moves to establish a nationwide wireless presence in Mexico. Bell Atlantic Global Wireless Inc. confirmed it is in discussions regarding …
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< class="penci-entry-title entry-title grid-title penci_grid_title">IUSACELL REGISTERS TWO OFFERINGS >
MEXICO CITY-Nuevo Grupo Iusacell S.A. de C.V. announced two offerings. The first is for the exchange of its full-voting series V American Depository Shares and shares on a one-for-one basis …
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< class="penci-entry-title entry-title grid-title penci_grid_title">GRUPO IUSACELL FORMS NEW UNIT TO APPLY FOR OFFERINGS >
To increase the secondary market trading liquidity of Grupo Iusacell’s public equity and to give the Mexico City-based wireless carrier greater access to debt financing, a new but allied entity …
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< class="penci-entry-title entry-title grid-title penci_grid_title">HOW NIMBLE CARRIERS ARE BUILDING TELEDENSITY IN EMERGING MARKETS >
The domestic telecom market is abuzz with mergers, acquisitions and mega-deals. The industry is consolidating again, not so long after AT&T Corp. was broken up into Baby Bells; cellular and …
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< class="penci-entry-title entry-title grid-title penci_grid_title">GRUPO IUSACELL ANNOUNCES PLANS FOR MORE FINANCING >
MEXICO CITY-Grupo Iusacell has announced plans to obtain about $60 million in equity infusions from its two major shareholders, Bell Atlantic Corp. and the Peralta Group, during the next several …
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< class="penci-entry-title entry-title grid-title penci_grid_title">MEXICO PCS CARRIERS SCAMBLE TO MAKE PAYMENTS >
ORLANDO-Economic problems elsewhere in the world have hit home in Mexico’s new personal communications services market. Two of the PCS license winners there-Midicel and the SPC consortium-have announced they are …
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< class="penci-entry-title entry-title grid-title penci_grid_title">MEXICO READIES FOR MORE AUCTIONS >
WASHINGTON-The Mexican government will auction new frequencies for paging, narrowband PCS (two-way paging), trunking and point-to-point microwave. The auctions are scheduled for late 1998 and early 1999, depending on the …
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< class="penci-entry-title entry-title grid-title penci_grid_title">LATIN AMERICA BRIEFS >
Brazil Brazilian B-band operator Americel will deploy Northern Telecom Ltd.’s (Nortel’s) Small Wireless Switch to fulfill its concession obligation of serving all state capitals in its coverage area within one …
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< class="penci-entry-title entry-title grid-title penci_grid_title">PCS SEEN AS NEXT WIRELESS ENTRY FOR INVESTORS IN LATIN AMERICA >
WASHINGTON-The heat is up again in Latin America, and it has nothing to do with El Nino. The region’s unmet demand for services and high potential for growth have called …