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AT&T push into Mexico looks good so far

Friday, April 29, 2016


AT&T’s push into Mexico’s wireless phone market seems to be gaining traction vs. incumbent America Movil, analysts say.

AT&T said it added 529,000 wireless subscribers in Mexico in Q1, with one-fourth the higher-spending postpaid customers who are billed monthly.  Late Tuesday, AT&T reported that its Q1 operating loss was $251 million, amid network investments and subscriber acquisition costs.



Source: Investor’s Business Daily