Will AT&T Mexico Foray Spur America Movil In U.S.?

By | November 12, 2014

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AT&T’s $1.7 billion deal to buy Mexico’s No. 3 wireless firm, Iusacell, confirms its ambitions to expand into Latin America. Whether Mexico-based America Movil (AMX), that country’s No. 1 wireless firm, fires back by bidding for T-Mobile US (TMUS) is the next question. It’s possible, analysts say. A U.S. auction of radio spectrum slated to start on Thursday could provide a partial answer. America Movil already owns TracFone, one of the largest Scalper1 News

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