Mexican media giant Grupo Televisa (TV) agrees to buy a 30% stake in Nextel Mexico (NIHD) for...

|By:, SA News Editor

Mexican media giant Grupo Televisa (TV) agrees to buy a 30% stake in Nextel Mexico (NIHD) for $1.44B, with an option to buy another 7.5% in the future. The move will allow Televisa to partner with a wireless carrier ahead of a wireless spectrum auction later this year.