25.06.2015 20:27:26

AT&T To Invest $3 Bln. In Mexico To Extend Mobile Internet

(RTTNews) - AT&T Inc (T) on Thursday said it plans to invest about $3 billion in Mexico as part of efforts to extend its high-speed, mobile Internet service. The announcement was made by AT&T CEO Randall Stephenson in a meeting with Mexico President Enrique Peña Nieto.

The company said the proposed investment would extend its mobile Internet service to cover 100 million people in Mexico by year-end 2018.

This is in addition to the $4.4 billion AT&T invested earlier this year to acquire Iusacell and NEXTEL Mexico.

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