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America Movil spins off towers, merges Chilean unit

2021-09-30 02:00:00| Total Telecom industry news

Over the past few years, operators have been striving to gain value from their infrastructure assets, especially mobile towers. Large-scale sales to increasingly interested private equity firms, as well as to neutral host giants like Cellnex, have filled the news over the past year…read more on TotalTele.com »

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America Movil Q2 revenue down slightly on stronger peso, underlying service revenue grows 5%

2021-07-14 09:24:00| Telecompaper Headlines

(Telecompaper) America Movil reported another small drop in revenues in the second quarter, as the stronger peso sent sales 0.4 percent lower to MXN 253 billion...

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America Movil sees service revenue growth slow in Q1, EBITDA still up 5%

2021-04-28 09:17:00| Telecompaper Headlines

(Telecompaper) America Movil reported first-quarter revenues down 0.8 percent year-on-year to MXN 248 billion...

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Mexican Supreme Court backs IFT over America Movil 'dominant agent' declaration

2021-03-04 10:21:00| Telecompaper Headlines

(Telecompaper) Mexico's Supreme Court has declared that telecommunications regulator IFT's description of America Movil as a "preponderant agent" in the sector is lawful...

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Join the club: America Movil latest to spin off LatAm tower business

2021-02-10 01:00:00| Total Telecom industry news

America Movil is set to become the latest in a long line of telcos to spin off their mobile tower infrastructure, in this case across its entire Latin American footprint.  The operator said the move would allow them to maximise the towers value, with a separate management team to focus on developing its passive network elements…read more on TotalTele.com »

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