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But following Iusacell's default on debts, the two companies in 2003 sold their stake to Ricardo Salinas Pliego's Movil@ccess in a deal valued at $7.4 billion.
In March 2007, Grupo Salinas announced its intention to merge its subsidiaries Iusacell with Unefon Holdings.
On November 15, 2010 Iusacell launched their HSPA+ network with speeds up to 21 Mbit/s.
However, on Wednesday, January 25, 2012, Cofetel temporarily refused to approve a merger between Televisa and Iusacell, with three votes against, for illegal damage to third parties and hindering competition for open and pay television.
In September 2014, it was announced that Grupo Salinas would acquire Televisa's 50 percent stake in Iusacell for a fee of $717 million.
On January 8, 2015, Grupo Televisa announced that the sale of its 50 percent stake had been completed.
The purchase was completed on January 16, 2015.
The transaction was completed and approved by the Federal Telecommunications Institute in Mexico and the Bankruptcy Court District of New York in US on April 30, 2015.
AT&T invested an additional $3 billion in Mexico through 2018 to expand its high-speed mobile broadband `coverage to 100 million people, The company currently holds the largest amount of spectrum in the country.
On December 10, 2021, AT&T Mexico announced it intended to launch its 5G NR network using its 2.5 GHz spectrum, making it the first mobile network operator in the country to build out an NR network.
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Zippia gives an in-depth look into the details of Grupo Iusacell, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Grupo Iusacell. The employee data is based on information from people who have self-reported their past or current employments at Grupo Iusacell. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Grupo Iusacell. The data presented on this page does not represent the view of Grupo Iusacell and its employees or that of Zippia.
Grupo Iusacell may also be known as or be related to Grupo Iusacell and Iusacell (1987-2015).