Telefonica, Iusacell to Share Networks in Challenge to Slim
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Telefonica SA and Grupo Iusacell SA, trailing Carlos Slim’s America Movil SAB in Mexico’s phone market, will share their networks to challenge the billionaire’s supremacy.
The accord between the second- and third-largest Mexican mobile-phone carriers enables them to use each other’s wireless towers and fiber-optic cables, the companies said yesterday in Mexico City. The five-year arrangement includes roaming agreements across the country, and the companies will collaborate on network expansion.