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Can AT&T’s Mexico Unit Stop Losing Money?

Rachel Gunter
Can AT&T’s Mexico Unit Stop Losing Money?

AT&T (T) continues to gain ground in Mexico, with its Mexico wireless subsidiary adding 534,000 customers in the three months through March 31 to close the first quarter with 15.6 million subscribers. It gained more than 3 million subscribers over the past four quarters according to AT&T CEO Randall Stephenson in his presentation at a recent investor meeting hosted by JPMorgan Chase.