The latest announcement in the current global digital market, which tends to become a leading market, such as banking, Internet, e-commerce, etc., was given by the American multinational AT&T interested in the last few years in the emergence of Latin American countries. Last week at&t announced the acquisition of the telco Nextel in Mexico, with three million mobile, a subsidiary of NII Holdings Inc., which includes spectrum licenses, network assets, retail stores and around 3 million subscribers, accounting for 1.875 million dollars (1,684 million of euros)less approximately, and 427 million dollars (383 million euros) of net debt and other adjustments.
Earlier this year, AT&T acquired the Mexican wireless provider Iusacell. at&t will integrate Iusacell and Nextel into one company focused on bringing more choices, better service and faster mobile Internet speeds to more locations throughout Mexico. AT&T plans to create the first-ever North American Mobile Service area, which will cover more than 400 million consumers and businesses in Mexico and the United States.
Mexico is the second largest economy in Latin America and has an growing middle class. This economic strength, combined with deep geographical, economic and cultural ties with the United States, makes it an attractive place to invest, according to AT&T.
The acquisition of Nextel Mexico by AT&T was approved was approved by the U.S. Bankruptcy Court for the Southern District of New York, which is overseeing the restructuring of NII Holdings. It was also approved by Mexico’s telecom regulator IFT (Instituto Federal de Telecomunicaciones). Swift action by IFT, aided by recent regulatory reform by the Mexican government, has created a positive climate for at&t to invest significantly in Mexico.
AT&Teadership beyond Telcel and Movistar
AT&T reaches nearly 40% of mobile spectrum in Mexico, beating Telcel with a 32% and Telefonica Movistar with 26%.
The first assessments of the Mexican media settle that AT&T leadership position in Mexico may benefit Telcel and Movistar. According to The Economist, the Mexican regulator IFT (Instituto Federal de Telecomunicaciones) must weigh the benefits and threats of requiring AT&T to return some of the frequencies of Nextel, to recover the spectrum would be slow and difficult, and therefore this may benefit Telcel and Movistar in their attempt to go for a wider broadband in future tenders. Hence they have not objected to the accumulation of spectrum in the hands of AT&T.
The inventor of mobile
The first call from a cell phone was made 42 years ago by engineer Martin Cooper (born in Chicago on June 13, 1928), an American inventor, considered father of the mobile phone.
His phone call was made bto his AT&T competitor: Joel Engel. Cooper worked for Motorola and Engel ran the legendary AT&T Bell Labs. Both sought to achieve the same, a functional cell phone. Cooper made the first call, and gave Engel the dubious honor to be the first person in the world to answer such call on a regular phone. "Wasn´tit funny," recalls Cooper, interviewed by La Nacion.
87 years old, Cooper still works as the CEO and founder of ArrayComm, a company that investigates smart antenna technologies and how to improve wireless networks.
According to Wikipedia, Cooper´s vision for the handheld device was inspired by Captain James T. Kirk using his Communicator on the television show Star Trek, Cooper himself later refuted this, stating that his actual inspiration was Dick Tracy´s wrist radio.