Tuesday, October 29, 2024

Sitios Latinoamérica revenues grow 13.7% yoy due to agreement growth

América Móvil's tower company increased its revenues from infrastructure rental by 17%, driven by a 6% increase in the number of individual contracts. Brazil remains the main market for the operator, which has presence in 16 countries in the region and a portfolio of 36,201 towers.

Total revenues for Sitios Latinoamérica (Sites, América Móvil's tower company) in the third quarter of 2024 reached US$195 million, with an increase of 13.7% compared to the same quarter in 2023.

Read full article

MORE ANALYSIS

América Latina · Operators22/10/2026

América Móvil reports strong growth in revenue and connections

In the third quarter of 2026, sales increased 7.6% year on year. Mobile services grew 6.3%, while fixed services rose 3.7%. At the end of the period, the company had 413 million accesses, including 322 million mobile accesses. Brazil was its standout market.

México · Operators14/10/2026

Televisa and Fintech Holdings buy AT&T for US$2 billion

The buyers will each hold a 50% stake in the new entity. Regulatory approval for the acquisition could be completed in the first quarter of 2027. AT&T has 24.7 million mobile connections. In 2025, it reported nearly US$5 billion in revenue and US$81 million in profit.

México · Spectrum09/09/2026

Opportunity opens up: Mexico to cut spectrum costs by 12% in 2027

In its proposed budget for next year, the Treasury Secretariat proposed changes to key spectrum bands for 5G deployment, including the 3.5 GHz band.

América Latina · Smartphones & Devices31/08/2026

Regional smartphone market plunged 10% in second quarter

This is compared with the same period in 2025. The causes were higher memory and SoC costs, as well as the impact of sales channels increasing their inventories in anticipation of the price increase.

República Dominicana · Operators24/08/2026

Viettel enters the market and targets Claro, Altice and Viva

The Vietnamese operator, which is already present on the other side of the island in Haiti, was awarded 240 MHz of spectrum. What will be the first steps for the new fourth player entering a market with more than 11 million mobile lines?

List all analysis

A DIARIO LATINO 03-11-2026

América Latina · Submarine Cables · Terrestrial Backbones · Data Center 03/11/2026

Resilience emerges as a key driver of terrestrial and submarine network deployments in Latin America

Perú · Terrestrial Backbones 02/11/2026

InterNexa to invest up to US$10 million annually in infrastructure

Globales · Software and Applications 02/11/2026

Google’s collapse revives questions about how to monetize AI investments

List all news