Deals
Telefonica Open to Mexico Deals With AT&T, America Movil
- Operating chief says better infrastructure key for growth
- Phone carrier could consider sharing networks with rivals
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Telefonica SA is open to deals and agreements with rivals including AT&T Inc. in Mexico to help bolster growth in Latin America’s second-largest economy.
The Spanish carrier “has the obligation to explore possibilities” if they appear, such as sharing networks with AT&T or accessing towers that America Movil SAB spun off into a separate company, Chief Operating Officer Jose Maria Alvarez-Pallete said this week during an industry conference in Santander, Spain.