On Air Now

Current Show

Coast to Coast AM   12:00 AM - 5:00 AM

Contact Coast to Coast AM at 1-800-825-5033

Show Info »

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 550 AM Wausau, WI 99.9 FM Stevens Point, WI

Weather

Current Conditions(Wausau,WI 54403)

More Weather »
62° Feels Like: 62°
Wind: NW 0 mph Past 24 hrs - Precip: 0.17”
Current Radar for Zip

Tonight

Partly Cloudy 56°

Tomorrow

Partly Cloudy 77°

Thurs Night

Thunderstorms Late 60°

AT&T to expand in Latin America with America Movil deal

An At&T logo is seen atop a store in Beverly Hills, California August 31, 2011. REUTERS/Danny Moloshok
An At&T logo is seen atop a store in Beverly Hills, California August 31, 2011. REUTERS/Danny Moloshok

NEW YORK (Reuters) - AT&T Inc is planning to announce on Wednesday that it will expand its Latin American reach for business customers through a collaboration with Mexican billionaire Carlos Slim's America Movil.

AT&T will be able to do business in 15 countries, including Argentina, Chile and Colombia, through connections with America Movil networks, according to a representative for AT&T.

Terms of the agreement were not disclosed. The deal will also extend AT&T's reach to Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru and Uruguay.

Previously, AT&T's Latin American focus was primarily on Mexico and Brazil.

AT&T has a long-standing relationship with America Movil and the U.S. company holds a roughly 9 percent stake in the company and has executives on its board of directors.

Since AT&T has been exploring possibilities for expanding in Europe and America Movil has a presence there, some analysts have speculated the companies could combine forces in Europe.

(Reporting by Sinead Carew; Editing by Nick Zieminski)

Comments