Nextel Mexico’s 30% stake bought by Televisa
www.WirelessFederation.com/news: Stakes in local unit of NII Holdings’, the mobile operator Nextel Mexico, will be bought by pay-TV provider and media group Televisa at a price of USD 1.44 billion cash for an initial 30 percent equity stake in Nextel Mexico. 70 percent stake in Nextel Mexico will be maintained by NII along with the management.
An additional 7.5 percent stake in Nextel Mexico can also be acquired by Televisa from the third or fourth anniversary of the completion of the initial transaction.
The services will be cross sold to each other customers base. The companies have also planned to use the Televisa media and distribution channels to market Nextel services and work on bundling services and developing a quadruple-play offering.
Nextel gets MNP to augment subscriber base (Mexico)
Telcorida executed its mobile number portability (MNP) gateway for digital trunking operator Nextel Mexico, media reported. According to Telcordia’s president of interconnection solutions Richard Jacowleff, ‘By reducing number portability’s cost and complexity, the number portability gateway enables Nextel Mexico to add customers efficiently and quickly, so they begin driving revenue within hours instead of days’. Coftel proclaimed that since the launch of MNP 101,491 subscribers have ported their numbers to alternative providers.
