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General

Telecom sector accounts for 12% of FDI in Mexico

Tuesday 26 January 2016 | 11:35 CET | News
Mexico received USD 6.7 billion of foreign direct investment in the telecommunications sector in the last two and a half years, almost 12 percent of the total registered in the country. An additional USD 15 billion has been announced for the coming years, said the Secretary of Communications and Transport, Gerardo Ruiz Esparza. Only in Q3 2015, the output of the sector grew by more than 10 percent over the same period of 2014, while in the first nine months of last year its output increased by 7.9 percent. Also in 2015 Mexico moved up ten places in the Network Readiness Index and rose from 93

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Categories: General
Countries: Mexico
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