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 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.”