Acquisitions of towers in Peru and the Dominican Republic improved the company's financial performance in the first quarter of this year. The business plan of this spin-off of América Móvil aims to expand agreements with non-related operators. Its portfolio includes more than 34,000 towers.

Sitios Latinoamérica, América Móvil's tower business spin-off, also known as Sites, reported revenues of US$ 176 million in the first quarter of 2023, a 10.9% improvement over the previous quarter.

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Sites overcame exchange rate pressures through business expansion

Acquisitions of towers in Peru and the Dominican Republic improved the company's financial performance in the first quarter of this year. The business plan of this spin-off of América Móvil aims to expand agreements with non-related operators. Its portfolio includes more than 34,000 towers.

MORE ANALYSIS

Telecom had only one option: show the results of Telefónica Móviles Argentina

Millicom increased profits despite lower sales

The volatility of regional currencies against the dollar and the suspension of B2B business impacted the financial results. The operator reached 41.6 million mobile users, with strong growth in the postpaid subscriber base.

Telefónica's results were hit by divestitures in Argentina and Peru

It posted a loss of €1.304 billion in the first quarter of 2025, mainly due to losses of €1.731 billion from the sales of its subsidiaries in Argentina and Peru. The customer base reached 354 million accesses, driven by fiber rollout and, to a lesser extent, mobile postpaid.

APIs: Telcos' alternative to not being tied to hyperscale players

América Móvil added 2.8 million subscribers in the first quarter of 2025

The operator achieved a revenue increase of almost 40% compared to the same period in 2024. Of the new subscriptions, 2.4 million were

A DIARIO LATINO 24-05-2025

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