AT&T expands coverage to Mexico with $2.5B Iusacell purchase

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AT&T expands coverage to Mexico with $2.5B Iusacell purchase

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/newsimg/14/11/att-deal/thumb.jpg" width="70" height="92" hspace="3" alt="" border="0" align=left style="background:#333333;padding:0px;margin:0px 4px 0px 0px;border-style:solid;border-color:#aaaaaa;border-width:1px" /> <p>AT&amp;T has decided to expand its reach beyond the US territory by agreeing to buy Mexican carrier Iusacell in a deal worth $2.5 billion. The purchase will create what AT&amp;T calls "the first-ever North American mobile service area" and will bring the carrier's total subscriber count to 400 million.



The purchase will enable AT&amp;T subscribers to travel to Mexico without losing service or incurring huge roaming chargers. Or a large part of Mexico, at least, as Iusacell only covers 70% of the Mexican population.

Neither carrier has specified a time frame for closing out the deal, but gaining regulators' approval is their next step. It's also unclear if Iusacell will be rebranded or if AT&amp;T will continue running it as a separate company, should the deal complete.

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