AT&T $1.9 billion acquisition of Nextel Mexico

30/4/2015
Public acquisition

$ 1.9 billion

Completed

30/4/2015


Overview:

  • AT&T has acquired Nextel Mexico in a $1.9 billion deal.
  • Nextel Mexico was sold by former owner NII Holdings.
  • The expanded network will cover over 400 million people in the US and Mexico.
  • The move is seen as a way to help NII get out of bankruptcy.
  • Sullivan & Cromwell (Sergio Galvis, Werner Ahlers, Michael Torkin, Nader Mousavi, Andrew Mason, Matthew Friestedt) advised AT&T.
  • Jones Day (Robert Profusek, John Kane, Scott Greenberg) advised NII.

Kurt Stumpo - Journalist - North America and the Caribbean

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