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.

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