AT&T to invest $3 billion in their Mexican mobile networks
Currently AT&T owns Mexico’s No.3 and No. 4 wireless carriers Iusacell and Nextel. They are planing to invest $3 billion in high-speed mobile internet in Mexico which is expected to cover 40 million people or about one-third of the population within six months. Their goal by the end of 2018 is to reach 100 million.
AT&T first entered Mexico when billionaire Carlos Slim’s America Movil was forced to open up infrastructure and let rivals interconnect to his network for free due to a sector overhaul.
Part of their plan is to tender the building of a wholesale mobile broadband network. They estimate it will cost an investment of around $7 billion.
Source: reuters
Come comment on this article: AT&T to invest $3 billion in their Mexican mobile networks
AIVAnet 