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All change for Mexico's oil and gas market
2014-11-21 01:00:00| Offshore Technology
In two years, Mexico will open up its oil and gas industry to foreign investment, ending Pemexs monopoly of the market. What changes and challenges lie ahead as the Mexican oil and gas market prepares for liberalisation? Rod James investigates
Standard Solar Continues Westward Expansion With Completion Of A 1.8 Megawatt Solar Array For New Mexico's Mora-San Miguel Electric Cooperative
2014-11-14 02:34:27| econline News Articles
Standard Solar, Inc., a leader in the full-service development, construction, integration, financing and installation of solar electric systems, continues to expand westward with the completion of another solar project in New Mexico
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AT&T Pays $2.5 Billion for Mexico's Third-largest Mobile Carrier
2014-11-10 22:45:45| Telecom - Topix.net
"Mexico is still in the early stages of mobile Internet capabilities and adoption, but customer demand for it is growing rapidly," AT&T chairman and CEO Randall Stephenson said in a press release announcing the deal on Friday. Iusacell, Mexico's third-largest mobile carrier, would complement the satellite TV operations in Mexico and other Latin American countries that AT&T would gain through the pending $67.1 billion purchase of DirecTV Group Inc. Though AT&T had indicated an interest in Latin America, a purchase of assets from Carlos Slim Helu's Amrica Mvil SA had seemed more likely.
AT&T to acquire Mexico's Iusacell for USD 2.5 bln
2014-11-08 05:18:00| Telecompaper Headlines
(Telecompaper) AT&T has reached an agreement with Mexican holding Grupo Salinas to acquire mobile operator Iusacell for USD 2.5 billion, inclusive of Iusacell debt. Under the terms of the agreement, the US telco will acquire all of Iusacell's mobile properties, including licences, network assets, retail stores and approximately 8.6 million mobile subscribers. The acquisition will be completed after Grupo Salinas, the current owner of 50 percent of Iusacell, closes its announced purchase of the other 50 percent of Iusacell, previously owned by Televisa. Iusacell offers mobile service under both the Iusacell and Unefon brands with a network that covers about 70 percent of Mexico's population. AT&T said that it plans to expand Iusacell's network infrastructure to cover millions of additional consumers and businesses in Mexico. AT&T chairman and CEO Randall Stephenson said that the acquisition of Iusacell is a direct result of the telecoms reforms implemented by President Pena Nieto to encourage more competition and more investment in the local telecoms sector.
AT&T says it will buy Mexico's Iusacell for $1.8B
2014-11-07 23:44:21| Telecom - Topix.net
The Dallas company said Friday that Iusacell has 8.6 million subscribers under the Iusacell and UnefA3n brand names. AT&T had 116.6 million subscribers as of June 30. The company sees potential for growth in Mexico because of its rising population and middle class, even as the proportion of Mexican people with wireless service lags other Latin American countries, according to AT&T.
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