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Wireless

IFT to examine potential buyer of America Movil's assets

Wednesday 22 October 2014 | 22:44 CET | News
Companies interested in acquiring Mexican telco América Móvil's assets will have to prove that they have no financial or business links with the operator, Mexican El Financiero reports, citing local telecoms watchdog IFT president Gabrial Contreras. The official said that historical and personal relationships will also need to be examined. According to the report, this This could be an obstacle for AT&T, which has been mentioned as a potential buyer of America Movil's assets. Two months before the Mexican telco announced it would be selling assets, AT&T sold its participation in America Movil

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Categories: Mobile & Wireless
Companies: America Movil / IFT
Countries: Mexico
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