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.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: Fixed
Companies: Alestra Movil / America Movil / Axtel
Countries: Mexico
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Claro, Movistar, Tigo to offer national roaming for Avantel

Published 30 May 2014 08:08 CET | Colombia
Colombia's Communications Regulatory Commission (CRC) has decided that mobile operators Claro, Tigo and Movistar will have to ...

Mexico's Axtel open to mergers or acquisitions

Published 18 Mar 2014 22:23 CET | Mexico
Mexican operator Axtel is prepared to discuss mergers and acquisitions with other operators, because it considers that will be ...

Axtel open to merger, takeover bids

Published 07 Mar 2014 09:59 CET | Mexico
Mexican fixed-line operator Axtel does not rule out a possible merger, and plans to consider any future takeover bids it may ...

Colombia regulator orders incumbents to provide roaming

Published 25 Feb 2014 21:48 CET | Colombia
Colombia's Communications Regulation Commission (CRC) has ordered operators Corcel (Claro), Tigo and Movistar to grant Avantel ...

Axtel calls for implementation of asymmetric rates

Published 25 Feb 2014 13:50 CET | Mexico
Mexican operator Axtel considers that the establishment of asymmetric interconnection rates is necessary for competition in the ...