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Wireless

AT&T pledges USD 3 bln investment in Mexico

Friday 26 June 2015 | 08:37 CET | News
AT&T announced plans to invest USD 3 billion in Mexico by the end of 2018 in order to extend mobile broadband services. This follows the US operator spending USD 4.4 billion to acquire local mobile providers Iusacell and Nextel Mexico. AT&T CEO Randall Stephenson made the pledge in a meeting with Mexico's president Enrique Pena Nieto, where he praised the regulatory reforms in the country, opening up opportunities for investment. AT&T plans to create a 'North American Mobile Service Area', covering 400 million people in the US and Mexico with its mobile broadband network. AT&T said the first

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