AT&T Stands to Make Gains From NAFTA Negotiations With Mexico, BTIG Says
The Trump administration’s negotiations with Mexico on the North American Free Trade Agreement could be helpful to AT&T, which has invested big there, BTIG’s Walter Piecyk told investors Wednesday. AT&T appears to be “receiving support from the administration to improve…
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its ability to compete with America Movil, as part of NAFTA negotiations,” Piecyk wrote. “Ironically, successful NAFTA negotiations could provide AT&T with incentive to maintain its pace of investments in Mexico rather than shifting capital to accelerate fiber deployments or its FirstNet buildout in the United States.”