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Broadband

Alestra mulls merger with Axtel - report

Thursday 13 February 2014 | 17:18 CET | News
Mexican operator Alestra mulls a merger with Axtel in an attempt to gain customers. However, no talks are currently under way, Bloomberg reports citing an unnamed person with knowledge of the matter. Alestra and Axtel have met several times to discuss a purchase. Alestra remains interested, but has no imminent plans to acquire the company, said the person with knowledge of the negotiations. According to the same source, Alestra's interest grew after Axtel's 2006 purchase of Avantel. Discussions have broken down over price, the source added.

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Categories: Fixed
Companies: Alestra Movil / America Movil / Axtel
Countries: Mexico
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