Signal Telecoms Consulting

Mexico's Salinas to buy Televisa Iusacell stake for $717 million

Mexico's Grupo Salinas said on Wednesday its chairman will buy out its partner Grupo Televisa's (TLVACPO.MX) 50 percent stake in the country's No. 3 wireless operator Iusacell for $717 million and seek a strategic partner to build up the carrier.

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