NEW YORK, July 24, 2015 /PRNewswire/ --
ACI Association has initiated research coverage on AT&T,
Inc. (NYSE: T). Select highlights from the internally released
reports are being made available to the general public (included
below), with access to the entirety of the research available to
new members.
Today, membership is open to readers on a complementary basis at
the following URL: http://www.aciassociation.com/?c=T
Highlights from our T Report include:
- Upcoming Investments in Mexico - On June
25, 2015, AT&T's Chairman and CEO Randall Stephenson in a meeting with Mexico
President Enrique Peña Nieto, announced the Company's plans to
invest approximately $3 billion for
expanding its high-speed, mobile Internet service to Mexico. As per the Company, this investment is
in addition to the investment of $4.4
billion which AT&T made earlier this year for acquiring
Iusacell and NEXTEL Mexico. The release noted that AT&T expects
the first phase of its state-of-the-art, high-speed mobile network-
covering 40 million Mexicans, will be completed in the next six
months. Moreover, by the end of 2016, the Company expects its
mobile Internet service will extend to 75 million people with
further plans to extend the service to 100 million people by
year-end 2018.
- Introduction of New Plans and Features for Customers --
AT&T also informed about its new plans for its Mexican
customers that enable them to use their individual plans in
Mexico as well as in U.S. As
per the Company, in the U.S. its Customers on these new plans will
be able to use their available community minutes to call friends
and family in the U.S. who are on the AT&T network.
- Investment in Community and its Employees in Mexico -- In its efforts to give back to
community Mr. Stephenson informed that in the coming months, the
Company will launch its "It Can Wait" campaign in Mexico City, which aims discourage people from
texting while driving. The Company added that it also intends to
invest in the field of education in order to help more students in
Mexico succeed in school and thus
get into the workforce. The Company noted that it will also launch
a number of programs to support its workforce in Mexico.
- New Appointment to Board - As per another release dated
June 26, 2015, AT&T has appointed
Richard W. Fisher to its Board of
directors. Commenting on Mr. Fisher's appointment, Randall Stephenson, AT&T Chairman and CEO
said, "Richard brings extraordinary banking and foreign policy
experience to our board. His extensive financial, trade and
regulatory expertise, along with his deep understanding of
Mexico and Latin America, make him an invaluable addition
to an already strong and diverse board of directors representing
AT&T shareholders."
To find out how this influences our rating on AT&T, Inc.
read the full report in its entirety here:
http://www.aciassociation.com/?c=T
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