Deals Rumor Mill: America Movil, Mercuria, Deutsche Telekom

Law360, New York (February 05, 2014, 3:59 PM ET) -- Spain's Telefonica SA is pursuing a deal that would merge its Mexican operations with Grupo Iusacell SA de CV to better position both companies to compete with Carlos Slim's America Movil SAB de CV, Spanish newspaper El Economista reported on Wednesday. The parties have not yet decided which of them would lead the combined company, which would primarily be a mobile provider. Telefonica has long sought to knock down Slim's empire in his home country, and joining with Iusacell would give it virtually all of the market...
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