Radar > 224655

América Móvil plans asset sale

América Móvil se plantea vender sus activos

Intel ID : 224655
Synopsis

América Móvil, a Mexican telecommunications operator controlled by Carlos Slim, is rethinking its plans to sell assets, as it announced in July 2014 (see related radar), due to AT&T's consolidation in the Mexican market with the acquisition of lusacell and Nextel in the last few months (see related transactions), as reported by newspaper El Informador on 27 April 2015.

América Móvil is considering other ways to adapt to the market without having to sell frequencies or infrastructure, and later sell to reduce its market share, where at the moment they hold the largest share.

Once regulatory authorities in Mexico approve the acquisition of Nextell by AT&T, the latter will become the second largest operator in Mexico, as far as income and the third as far as number of clients.
(content in spanish)

La teleoperadora mexicana propiedad del empresario Carlos Slim, América Móvil, se está replanteando la venta de parte de sus activos, tal y como anunció en julio de 2014 (ver radar relacionado), debido a la consolidación de AT&T en el mercado mexicano tras la adquisición de Iusacell y Nextel en los últimos meses (ver transacciones relacionadas), según ha publicado El Informador el día 27 de abril de 2015.

La firma mexicana está estudiando otras formas de acomodarse en el mercado sin tener que vender frecuencias o infraestructura y así más adelante vender con el fin de reducir su participación en el mercado, en el que ocupa el primer puesto.

Una vez que la competencia reguladora del mercado mexicano aprube la compra de Nextell por parte de AT&T, este último ocupará el segundo puesto en el mercado en términos de ingresos y el tercero en cuanto a número de usuarios.

Target


Intel ID 224655
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - América Móvil
(31 Dec 2014)
Revenue: EUR 727,97m
Net Debt: EUR 452,80m
Exchange Rate:
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Subsector (Old TTR Sectors)
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Intel Grade
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Tags

Target

Name
verified
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Primary Sector (TTRSC)
60.02.03 Wireless Communications Services
60 Telecommunications / 60.02 Telecommunications & Networking Services

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Website
Description

Radar

Date Title Type Intel Grade Country Subsector  
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Mergers & Acquisitions

Date Target Country Buyer Seller VALUE (EURm) Subsector    

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.