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AT&T expects Iusacell to become dominant player in 10 years

Thursday 15 January 2015 | 13:11 CET | News
AT&T expects Mexican mobile operator Iusacell to become a dominant player in Mexico within the next yen years, El Financiero reports, citing AT&T CEO Randall Stephenson. The executive said that the firm will focus the investment on the mobile broadband segment. The company currently occupies the third place in the mobile market with a market share of nearly 8 percent. "We want to reach the first or the second position in the market in ten years," the executive said. In November, the US company reached an agreement with Grupo Salinas to acquire Iusacell for USD 2.5 billion. Under the terms of

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Categories: Internet / Mobile & Wireless
Companies: Iusacell
Countries: Mexico
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