Mexico's foreign direct investment jumped by a quarter in 2015

Foreign direct investment (FDI) in Mexico rose by a fourth last year to reach US$28.382 billion, the country's economy ministry said in a statement on Sunday.

Mexico's FDI in 2014 totaled about US$22.57 billion .

The ministry said the stronger 2015 FDI was due to U.S. telecoms company AT&T Inc paying more than US$2 billion to acquire Mexican wireless operators Iusacell and Unefon, as well as the purchase of Vitro's glass container business by U.S.-based Owens-Illinois Inc for about US$2.15 billion.

The United States accounted for about 53 percent of total FDI last year, followed by Spain, Japan and Germany.