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Axtel Acquisition A Long-Term Bet For Rivals

Acquiring Axtel would be a medium to long-term play for either Telefónica or AT&T, as neither player would be able to incorporate Axtel's wireline assets into a converged strategy. If the regulator manages eventually to loosen America Móvil's grip on the mobile and wireline market, it is more likely to allow full convergence strategies for all players.

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Laura Holland

Head of Research Projects
Technology | New York

Andrew Kitson

Head of ICT Research
Information Technology | London
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