After announcing its plans to acquire Nextel Mexico back in January, AT&T has announced that its latest purchase of a Mexican carrier is now complete.
AT&T has completed its acquisition of Nextel Mexico, a deal that saw the big blue carrier drop a cool $1.875 billion. This is AT&T’s second recent acquisition of a Mexican carrier, following its purchase of Iusacell earlier this year. AT&T says that it plans to integrate both Iusacell and Nextel Mexico into a single company to offer better service and faster speeds to more locations in Mexico.
Now that AT&T has snagged itself a second Mexican carrier, AT&T has shed more light on exactly why it’s making so many deals for Mexican operators. AT&T intends to create what it calls the “first-ever North American Mobile Service area” that’ll cover in excess of 400 million people and businesses in both Mexico and the U.S. Considering that it’s one of the larger U.S. operators and that it’s snapped up two Mexican carriers in 2015, it sounds like AT&T is well on its way to achieving its goal.