BanderasNews
Puerto Vallarta Weather Report
Welcome to Puerto Vallarta's liveliest website!
Contact UsSearch
Why Vallarta?Vallarta WeddingsRestaurantsWeatherPhoto GalleriesToday's EventsMaps
 NEWS/HOME
 AROUND THE BAY
 AROUND THE REPUBLIC
 AMERICAS & BEYOND
 BUSINESS NEWS
 TECHNOLOGY NEWS
 WEIRD NEWS
 EDITORIALS
 ENTERTAINMENT
 VALLARTA LIVING
 PV REAL ESTATE
 TRAVEL / OUTDOORS
 HEALTH / BEAUTY
 SPORTS
 DAZED & CONFUSED
 PHOTOGRAPHY
 READERS CORNER
 BANDERAS NEWS TEAM
Sign up NOW!

Free Newsletter!

Puerto Vallarta News NetworkNews Around the Republic of Mexico 

AT&T to Invest $3 Billion in Mexico's Mobile Network

June 29, 2015

AT&T expects that the first phase of its mobile network technology will be completed in the next six months in order to cover 40 million Mexicans, a third of the population.

Mexico City - At a press conference last week, AT&T CEO, Randall Stephenson, said that AT&T will invest $3 billion to extend its high-speed, mobile Internet service to 100 million people in México by 2018.

AT&T spent about $4.4 billion to buy both Iusacell and the Nextel Mexico mobile system between November and January. AT&T said in January that it plans to create the first North American mobile service area covering more than 400 million consumers and businesses in Mexico and the U.S.

"We plan to offer quality and high speed service in Mexico, creating the first mobile service area in North America. It will reach over 400 million people and businesses in Mexico and the United States. This network will link our countries, economies, peoples and cultures in an unprecedented way," Stephenson said.

AT&T expects that the first phase of its mobile network technology will be completed in the next six months in order to cover 40 million Mexicans, a third of the population. By the end of 2016, the operator expects its mobile network to reach 75 million people, almost two-thirds of the population to achieve reach 100 million people by the end of 2018.

President Enrique Peña Nieto, also in attendance at the press conference, said that the country's recent telecommunications reform enabled such investments.