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Mexico opens oil sector to investment

2013-08-12 20:31:54| BBC News | Business | UK Edition

After 75 years, Mexico is opening up its nationalised oil sector to private investment in a bid to boost growth and fund new projects.

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Nextel sells Brazil, Mexico towers to American Tower

2013-08-09 17:43:00| Telecompaper Headlines

(Telecompaper) NII Holdings, the mobile operator using the Nextel brand in Latin America, has agreed to sell approximately 2,790 towers in Brazil and 1,666 towers in Mexico to American Tower in two transactions with USD 413 million and USD 398 million, respectively. Both Nextel Brazil and Nextel Mexico agreed to leaseback the towers from American Tower for a minimum twelve-year initial lease term and have the option to extend the lease for additional renewal periods. NII International Telecom, a subsidiary of NII based in Luxembourg, has agreed to provide certain credit support with respect to the obligations of Nextel Brazil. The transactions are subject to regulatory approvals, and the initial closings are expected to be completed in the fourth quarter. The initial closings are expected to include about 4,000 towers and will be followed by subsequent closings as certain closing requirements relating to the remaining towers are satisfied. NII's service coverage and new deployment plans will not be affected by this transaction.

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NII Holdings agrees to sell towers in Brazil, Mexico for $811m

2013-08-09 02:00:00| Total Telecom industry news

Nextel units in Brazil and Mexico will lease back towers for at least 12 years.

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Profit From the Auto Industry's Expansion Into Mexico

2013-08-08 23:48:43| Railroads - Topix.net

Joseph is a member of The Motley Fool Blog Network -- entries represent the personal opinion of the blogger and are not formally edited.

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MEXICO: Soft drinks lobby faces down obesity campaigners - report

2013-08-08 16:04:00| Daily beverage news and comment - from just-drinks.com

Mexico's soft drinks producers have disputed that the country's high obesity rate is due to soda consumption, and branded a campaign against the category as "misinformation", according to reports.

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