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.

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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.

MORE ANALYSIS

Operators maintain profits with limited investment and cost controls

That is according to a report by analyst firm MTN Consulting, which estimated EBIT margins at 15.7% in the fourth quarter of 2025.

CNT Ecuador turns profitable, accelerates growth in 5G and fiber

Ronald Spina is General Manager of the National Telecommunications Corporation (Corporación Nacional de Telecomunicaciones, CNT). He said the state-owned Ecuadorian operator’s turnaround was achieved while improving its EBITDA margin and accelerating the rollout of FTTH and 5G.

Telefónica’s two sides: growth in core markets, Latin America sales weigh on profit

Liberty Latin America consolidated postpaid growth in the first quarter

The operator added 50,000 new lines across the countries in which it operates, with Costa Rica, Panama, and Jamaica standing out. It also recorded slight increases in RGUs in Costa Rica and Jamaica. Total revenues reached US$1.083 billion, in line with the same period a year earlier.

Millicom acquisitions drive 45% revenue growth

Revenue rounded out at US$2 billion in the first quarter of 2026. Mobile customers reached 57.3 million, a 37.8% increase compared with a year earlier.

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