AT&T Chairman and CEO Randall Stephenson announced plans to invest nearly $3 billion to expand its mobile Internet service covering 100 million people in Mexico by 2018.
This is in addition to the $4.4 billion AT&T invested earlier this year to acquire Iusacell and NEXTEL Mexico.
“We plan to deliver high-quality, high-speed mobile Internet service to Mexico, creating the first-ever North American Mobile Service Area covering 400 million people and businesses in Mexico and the U.S.,” Stephenson said.
AT&T said its mobile Internet network will cover 40 million, about one-third of the population, in the next six months, 75 million people, nearly two-thirds of the population, in 2016, and 100 million people in 2018.
Next month, AT&T will introduce plans for its Mexican customers to gain from its North American Mobile Service Area. AT&T will offer other features for its customers in Mexico, including Google Play billing, a first in Latin America.
The announcement of the Iusacell expansion came at a meeting between AT&T CEO Randall Stephenson and Mexican President Enrique Pena Nieto.