Mexicos Iusacell investment plan fails - Mobile World Live

Mexicos Iusacell investment plan fails

26 JAN 2012

A plan for broadcast company Grupo Televisa to acquire 50 percent of Mexican operator Iusacell for US$1.6 billion has been rejected by Mexico’s antitrust body following a nine month review, reports Mexican newspaper El Universal. The companies will be able to request a review of the decision. Bloomberg reported last week that a failure of the deal could put Iusacell’s future at risk. Francisco Borrego, chief legal counsel for billionaire Ricardo Salinas who controls Iusacell, said the operator could disappear without the investment.


Tim Ferguson

Tim joined Mobile World Live in August 2011 and works across all channels, with a particular focus on apps. He came to the GSMA with five years of tech journalism experience, having started his career as a reporter... More

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