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AT T to Acquire Nextel Mexico

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DALLAS--(BUSINESS WIRE)--AT&T1 has entered into an agreement with NII Holdings, Inc. to acquire its wireless business in Mexico for US$1.875 billion, less the outstanding net debt of the business at closing, in a transaction pursuant to Section 363 of the U.S. Bankruptcy Code. Under terms of the agreement, AT&T will acquire companies, which operate under the name Nextel Mexico, holding all of NII’s wireless properties in Mexico, including spectrum licenses, network assets, retail stores

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