América Móvil plays the game in Spain

20 May 2005

Press reports from Spain are suggesting that the Latin American mobile operator América Móvil is considering making a bid for Xfera, the company which won one of Spain’s four 3G mobile licences in March 2000 but has still to launch a service. Spanish newspaper Cinco Dias claims that Mexico-based América Móvil is also interested in making a bid for Spain’s third largest GSM operator, Amena. The Latin American company recently pulled out of the Spanish government’s auction of 10MHz of GSM spectrum, fuelling speculation that it was instead preparing to enter the market via an acquisition. Hong Kong-based Hutchison Whampoa, which holds a number of 3G concessions across Europe, is also thought to be interested in making a move for Xfera, while France Télécom has been named as another potential suitor for Amena.