AT&T to invest US$3 billion in Mexico to extend mobile internet services
AT&T plans to invest approximately US$3 billion to extend its high-speed, mobile Internet service to Mexico, covering 100 million people in Mexico by year-end 2018.
This US$3 billion investment is in addition to the US$4.4 billion AT&T invested earlier this year to acquire Iusacell and NEXTEL Mexico.
AT&T expects the first phase of its state-of-the-art, high-speed mobile network will be complete in the next six months and cover 40 million Mexicans, about one-third of the population. By the end of 2016, AT&T expects its mobile Internet service will reach 75 million people, nearly two-thirds of the population. AT&T plans to reach 100 million people by year-end 2018.
Next month, AT&T will introduce new plans for its Mexican customers that take advantage of the company’s North American Mobile Service Area. The new plans let Mexicans use their individual plans — including voice, data and text messaging — while in the U.S. Customers on these new plans will also be able to use their available community minutes to call friends and family in the U.S. who are on the AT&T network. It’s one phone, one plan, covering two countries.
AT&T will also offer other features for its customers in Mexico, including Google Play billing, a first in Latin America. Customers with Google Android devices can download apps, books, movies, music and games with just one click — no credit cards needed — and have it added to their monthly wireless bills.
|Type||Extend Mobile Internet|
|Estimated Cost||US $3 Billion|