Verizon and Vodafone to Sell Equity Stakes in Mexico Iusacell

Movil@ccess, a Mexican telecommunications service provider, agreed to acquire 100% of the capital stock of Grupo Iusacell, a provider of wireless communications in Mexico, for US$10 million. Verizon Communications plans to sell its 39.4% share in Grupo Iusacell into the tender offer by Movil@ccess. Vodafone Americas will also sell its 34.5% stake in Grupo Iusacell.
http://www.iusacell.com.mx/http://www.verizon.com