Thursday, June 25, 2015

AT&T to spend $3 bn on mobile network

The telecommunications giant AT&T today announced plans to offer high-speed mobile Internet service to more than 100 million Mexicans by the end of 2018.

Company chairman and CEO Randall Stephenson said US $3 billion will be invested in building the Mexico network and creating “the first-ever North American Mobile Service Area.” That area will cover 400 million people in Mexico and the United States with a seamless network, linking “our two countries’ economies, people and cultures like never before.”

The investment is new money, coming on top of the $4.4 billion AT&T has spent already this year to acquire Mexican mobile providers Iusacell and Nextel México.

Read ore Here

No comments:

Post a Comment