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AT&T Latest Investment Plan in Mexico

29 Jul

AT&T Latest Investment Plan in Mexico

This $3 billion investment is part of making a major broadband operational network base in Mexico

According to latest AT&T news, the company has planned to invest around $3 billion in its high-speed mobile Internet network in Mexico. The company currently owns Mexico’s No. 3 and No. 4 wireless carriers Iusacell and Nextel, which covers around 40 million people, that totaled up to be around one-third of the the state’s population, within a span of six months only.

According to recent AT&T updates, the company currently aims to reach 100 million by the end of year 2018.Currently, as per the conditions, the network will require at least some operators for them to become its clients in order to attract the investors, as mentioned by minister in charge of Project Ma.

Also, 2012 through 2014 has been the time when AT&T Inc. invested over $400 million in Boston to enhance reliability, speed, coverage and performance of its leading wireless and wired networks for business users and residents, according to AT&T news. The telecommunication giant prides itself in providing the most reliable and strongest 4G LTE network in today’s time, with providing services to more than 300 million American users.

AT&T’s investment plan known as Project Velocity focuses on network improvement and expansion as part of its investment strategy. In 2014 it upgraded nearly 100 wireless networks in the Boston region which includes new wireless high speed Internet connections, addition of new cell sites and expansion of network capacity.

There were some notable improvement plans in 2014 for Boston including the installation of Distributed Antenna System at the Massachusetts Institute of technology across its all campus, offering free Wi-Fi hotspots in the Back Bay and setting up two cell on wheels (COWs) to increase network capacity.

Interestingly, Fortune magazine recently named AT&T as the Most Admired Telecommunications Company in the world for the year 2015. In addition, Fortune has ranked AT&T 47 in its list of top 50 most admired companies in the world competing with all the companies in all industries. The Most Admired list is highly respected for its reputation in ranking the companies when it comes to corporate performance.

AT&T is one of the biggest Wi-Fi networks consisting of over 34,000 AT&T Wi-Fi hotspots at hotels, bookstores, famous restaurants and retailers and has access to one million hotspots around the world with the help of roaming agreements. Moreover, AT&T’S smartphone users have the advantage to use the national Wi-Fi network free of cost and it is not added to their monthly wireless plan.

 

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1 Comment

Posted by on July 29, 2015 in ATT, Technology

 

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One response to “AT&T Latest Investment Plan in Mexico

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