AT&T to Buy Nextel Mexico’s Wireless Assets for $1.9 Billion

AT&T Inc., the second-largest U.S. mobile-phone carrier, agreed to buy NII Holdings Inc.’s Mexican wireless assets for $1.875 billion in its third deal to expand south of the U.S. border.

The acquisition includes companies that operate under the name Nextel Mexico, spectrum licenses, network assets, retail stores and about 3 million customers, Dallas-based AT&T said in a statement Monday. The purchase price doesn’t include an unspecified amount of debt from NII, which filed for bankruptcy in September.