Telefonica gives up Mexico network, but it’s not an MVNO

Telefonica has completed the migration of its mobile traffic to AT&T’s network in Mexico and has handed back the last of its spectrum to the regulator, but it remains pretty insistent that that does not make it an MVNO.
The migration was tied up in the past few days, according to various local press reports. The project dates back to late 2019 when Telefonica announced that Movistar, its Mexican operating unit, had brokered a carriage deal with AT&T for current 3G and 4G traffic, a