December 18, 2019 / 11:59 PM / 2 months ago

Mexico's America Movil completes purchase of Nextel's Brazil operation

FILE PHOTO: The logo of America Movill is seen on the wall at the company's corporate offices in Mexico City, Mexico March 14, 2018. REUTERS/Carlos Jasso

MEXICO CITY (Reuters) - Mexico’s America Movil (AMXL.MX) said on Wednesday it has completed its $905 million acquisition of rival Nextel in Brazil from mobile service company Nii Holdings Inc NIHD.O.

Reporting by Anthony Esposito; Editing by Chris Reese

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