AT&T Strategy Chief Sees Opportunity in Mexico, Latin America
September 17 2014
AT&T Inc. (T) Chief Strategy Officer John Stankey said Mexico is poised for investment, and that he sees a lot of options, both near-term and long-term, in Latin America.
Stankey’s comments at an investor conference were the clearest sign yet that the largest U.S. phone-service provider is interested in expansion into Mexico, where America Movil SAB (AMXL) plans to sell assets to invite a new competitor into the market. AT&T has also looked at Europe for potential investments, Stankey said. He didn’t mention any specific plans to expand in either region.