AT&T announced today that it has acquired Nextel Mexico for $1.875 billion. AT&T first announced its plans to acquire Nextel Mexico earlier this year and the acquisition is official as of today. This acquisition marks AT&T's second purchase of a Mexico-based wireless carrier after it acquired lusacell for $2.5 billion. In today's announcement, AT&T says it has plans to integrate the two providers into one company:
"Earlier this year, AT&T acquired Mexican wireless provider Iusacell. AT&T will integrate Iusacell and Nextel into one company focused on bringing more choices, better service and faster mobile Internet speeds to more locations throughout Mexico. AT&T plans to create the first-ever North American Mobile Service area, which will cover more than 400 million consumers and businesses in Mexico and the United States."
Source: AT&T
