Deals
AT&T Names Arroyo as CEO of Mexican Iusacell Mobile Unit
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AT&T Inc. named F. Thaddeus Arroyo as chief executive officer of its newly acquired Mexican unit as it prepares to introduce the first phase of a cross-border mobile service with the U.S.
Arroyo, who had been based in Dallas as president of AT&T’s technology development unit, will replace Grupo Iusacell SA’s Adrian Steckel, AT&T said Friday in a statement. The Dallas-based company is adding 9.2 million subscribers with the purchase of Iusacell, which was completed today. It’s the third-largest mobile operator in Mexico and a direct competitor of billionaire Carlos Slim’s America Movil SAB.